Question
1) How is the Trade to GDP ratio measured? How has this value been trending over the years?
1) How is the Trade to GDP ratio measured? How has this value been trending over the years?
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The tradetoGDP ratio is an indicator of the relative importance of international trade in the economy of a country It is calculated by dividing the ag...Get Instant Access to Expert-Tailored Solutions
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Managerial Economics
Authors: Mark Hirschey
12th edition
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