Asked by Lexie Friedges on Sep 26, 2024
World trade in goods and services totaled ____ in 2009.
A) $15.5 trillion
B) $8 trillion
C) $600 billion
D) $250 million
E) $20 million
World Trade
The exchange of goods, services, and capital across international borders, facilitating global economic interconnectivity and development.
Goods And Services
The products (goods) and activities (services) that are produced or provided to satisfy consumers' needs and wants.
Trillion
A numerical value representing one thousand billion, or 10^12 in scientific notation.
- Understand the scale and significance of world trade in goods and services.
Learning Objectives
- Understand the scale and significance of world trade in goods and services.