Asked by Makayla Kortz on May 07, 2024
Verified
In the United States, exports of goods and services accounted for about what percentage of GDP (total output) in 2018?
A) 6 percent
B) 12 percent
C) 24 percent
D) 42 percent
GDP
stands for Gross Domestic Product, a measure of a nation's total economic output and a key indicator of economic health.
- Absorb information regarding the size and impact of international trading for various nations.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
B
Explanation :
According to the Bureau of Economic Analysis, exports of goods and services accounted for about 12 percent of total GDP in 2018.
Learning Objectives
- Absorb information regarding the size and impact of international trading for various nations.
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