Asked by Brandon McMahon on May 06, 2024
Verified
In terms of absolute dollar volume, the top 3 leaders in world exports are
A) Japan, China, and the European Union.
B) the United States, England, and Canada.
C) Germany, England, and the United States.
D) China, the United States, and Germany.
Absolute Dollar Volume
The total amount of money exchanged or invested, measured in dollars, without adjusting for inflation or other factors.
World Exports
Goods or services sold to other countries, contributing to global trade.
European Union
A political and economic union of 27 European countries that are located primarily in Europe, designed to foster economic cooperation.
- Identify key global leaders in exports and understand the significance of their roles in international trade.
Verified Answer
KT
Kirsten TerryMay 08, 2024
Final Answer :
D
Explanation :
According to data from the World Trade Organization in 2020, the top three leaders in world exports in absolute dollar volume are China, the United States, and Germany.
Learning Objectives
- Identify key global leaders in exports and understand the significance of their roles in international trade.