In the 1950s imports and exports of goods and services, Ask an Expert

Economics

In the 1950s, imports and exports of goods and services constituted roughly 4% to 5% of U.S. GDP. In recent years, exports have accounted for approximately 12% of GDP, while imports have more than tripled to over 15% of GDP.

Which of the following help to explain the increase in international trade and finance since the 1950s? Check all that apply.

An increasing number of import quotas

Better high-speed rail lines

Improvements in telecommunications

International trade agreements such as the General Agreement on Tariffs and Trade (GATT)

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91365745

Have any Question?Write your Review or question?

Related Questions in Business Economics

Three friends tom jerry and mary were having coffee in the

Three friends, Tom, Jerry and Mary were having coffee in the GOSSIP CAFÉ and were discussing their job prospects. Tom told his mates that he has just resigned from his current job because he worked long hours and did not ...

Fully explain at least one reason why many developing

Fully explain at least one reason why many developing countries suffered serious debt crisis in the early 1980s. Does this reason you explained in debt support Krueger & Srinivasan's argument? Why or why not? How could t ...

1 suppose that the total benefit and total cost from a

1. Suppose that the total benefit and total cost from a continuous activity are, respectively, given by the following equations: B(Q) = 100 + 36Q - 4Q2 and C(Q) = 80 + 12Q. [Note: MB(Q) = 36 - 8Q and MC(Q) = 12.] a. Writ ...

The new fore and aft marina is to be located on the ohio

The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and servicing. Assume that arri ...

A manufacture makes makes two models of an item model 1

A manufacture makes makes two models of an item. Model 1 which accounts for 89% of unit sales, and model 2, which accounts for 11% of unit sales. Because of defects the manufacture has to replace (or exchange) 11% of its ...

Has globalization increased or decreased social and

Has globalization increased or decreased social and economic disparities around the globe? Can you please provide details.

What is the role of local government leadership in assuring

What is the role of local government leadership in assuring that departments and divisions work together to achieve municipal goals and objectives?

A certain device is used to determine the sex of an unborn

A certain device is used to determine the sex of an unborn baby, but the device is not very reliable. If the fetus is truly a boy, the device says BOY with probability 0:8 (but, mistakenly, GIRL with probability 0:2). If ...

If we believe the percent to be 75 how many police officers

If we believe the percent to be 75%, how many police officers must we survey to estimate the proportion of officers who graduated from a police academy if we want to ensure we can be 99% we are within 2% of the true prop ...

The blood glucose levels of wistar rats measured 2 hours

The blood glucose levels of Wistar rats measured 2 hours after eating (Postprandial Blood Glucose - PBG) are approximately normally distributed with mean 5.65 mmol/L and standard deviation 1.63 mmol/L. If a Wistar rat is ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert