The Modern Global Economy

Question 1

Review the graphs, and then answer the questions using the drop-down menus.

Revolt · Accepted Answer

is one of the largest suppliers of imports to the EU.: China; The EU exports more goods to than any other single nation.: the US; Based on both imports and exports, the most important trading partner of the EU is .: the US

Question 2

$18 billion $180 billion✔ $18,000 billion

Revolt · Accepted Answer

✔ $18,000 billion; The GDP of the United States in 2015 was about .: $18,000 billion; From 2000 to 2015, the GDP has mostly .: increased; The GDP will most likely in the next five years.: increase

Question 3

decreased✔ increasedremained the same

Revolt · Accepted Answer

✔ increased

Question 4

decrease✔ increaseremain the same

Revolt · Accepted Answer

✔ increase

Question 5

According to the graph, when did the United States experience a decrease in GDP?

Revolt · Accepted Answer

2006–2009

Question 6

35 percent✔ 40 percent50 percent

Revolt · Accepted Answer

✔ 40 percent; According to the graph, about of GDP was earned in trade in 1993.: 40 percent; About of GDP was earned in trade in 2013.: 60 percent; From 1988 to 2013, the percentage of GDP earned from trade .: increased

Question 7

40 percent 50 percent ✔ 60 percent

Revolt · Accepted Answer

✔ 60 percent

Question 8

decreased ✔ increasedstayed the same

Revolt · Accepted Answer

✔ increased

Question 9

Which statement is supported by information in the graph?

Revolt · Accepted Answer

Trade between nations steadily increased between 1988 and 2013.

Question 10

Which statements are supported by information in the charts? Check all that apply.

Revolt · Accepted Answer

The US share of world GDP decreased between 2000 and 2014.; China’s share of world GDP increased between 2000 and 2014.

The Modern Global Economy Answers

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