Practice #15 Answers

Given the double bar graph, answer the questions below.

Imports and Exports of Selected Countries
as Percentages of GDP, 1992-1993

  1. Which nation has the greatest difference between the level of imports and exports?
    Both Italy and Japan export more than they import.
    Approximate that difference in billions of dollars.

    They export approximately 110 billion dollars more than they import.
     
  2. Which countries shown on the graph, import more than they export?
    The US and UK import more than they export.
     
  3. Is it true that the higher the amount of imports and exports a nation has, the more likely it is that there is a balance between imports and exports? Explain your answer.
    This statements is not true. Given the information on the graph, no connection can be made between the balance of imports and exports and the total level of imports and exports.

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