Question: True or false 4. The United States is less dce of exports to GDP, than most other nations 5. If the United States has a

True or false True or false 4. The United States is less dce of exports

4. The United States is less dce of exports to GDP, than most other nations 5. If the United States has a trade deficit with the rest of the world, then the rest of the world must have a trade deficit also. 6 Since one country's imports are another country's exports, overall world trade must balance. Z Specialization and trade means more output throughout the world 8. Specialization decreases total world output 9. The United States buys large quantities of goods and services from other countries, but foreign countries buy very few U.S. goods and services Novited when two countries trade, one country is

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