What does the trade-to-GDP ratio measure? Does a low value indicate that a country is closed to

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What does the trade-to-GDP ratio measure? Does a low value indicate that a country is closed to trade with the outside world?

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International Economics

ISBN: 978-0132948913

6th edition

Authors: James Gerber

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Question Posted: Nov 27, 2015 01:59 AM

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What does the trade-to-GDP ratio measure? Does a low value indicate that a country is closed to

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The tradetoGDP ratio is a measure of the relative importance of trade to a national economy ...View the full answer

International Economics

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