The actual annual trade between Italy and China is $52 billion and annual trade between China and the U.S. is $636 billion. Note that Italy's GDP is $2 trillion, China's GDP is $13 trillion, and the U.S.' GDP is 20 trillion.

Note that the distance between Italy and China is 7562 km.

Note that the distance between China and the U.S. is 11671 km.

Calculate the actual trade ratio ?

Answer rating: 100% (QA)

Answer The actual trade ratio can be calculated as the ratio or division of the ... View the full answer