Question

Comparing the U.S. economy today to that of 1950, one finds that today, as a percentage of GDP,
A. exports and imports are both higher.
B. exports and imports are both lower.
C. exports are higher, and imports are lower.
D. exports are lower, and imports are higher.

Answer 1

The answer is a. Exports and Imports are both higher

In 1950 , The amount Of US' Imports is $ 8.9 Billion and $10.3 Billion in exports

50 years later, the amount of Us imports is $1224 billion and $ 772 Billion in exports, since today's technology allow us to do international trading more easily