answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

According to the statistical abstract of the untied states 2007 the US exports more goods and service to which country?

According to the Statistical Abstract of the United States 2007, the U.S. exported more goods and services to Canada than to any other country. Canada has consistently been a major trading partner due to its proximity and strong economic ties with the United States. Following Canada, Mexico is typically the second-largest destination for U.S. exports.


How can one calculate and obtain the nominal GDP of a country?

To calculate the nominal GDP of a country, you can use the formula: Nominal GDP (Price of Goods and Services) x (Quantity of Goods and Services). This involves multiplying the price of all goods and services produced in the country by the quantity of those goods and services. The data needed to calculate nominal GDP can be obtained from national statistical agencies, government reports, and economic databases.


An individuals socioeconomic status includes what?

Socioeconomic status is assessed by looking at an individual or group's housing, occupation, education and income levels in comparison to their country's statistical average from surveys. Other factors contributing to socioeconomic status are facilities and services, ethnic origins and unemployment.


What is trading in country and trading with country?

Trading in country means that the exchange of goods and services takes place within one given country. Trading with country on the other hand means you exchange goods and services with a different country.


What term indicates the exchange of goods and services within a single country?

The exchange of goods and services within a single country is called domestic trade.

Related Questions

According to the Statistical Abstract of the US which country is the main trading partner of the US?

Canada


What is the abstract noun of country?

The abstract noun of "country" is "nationality," which refers to the identity or affiliation with a particular country or nation.


How can one calculate and obtain the nominal GDP of a country?

To calculate the nominal GDP of a country, you can use the formula: Nominal GDP (Price of Goods and Services) x (Quantity of Goods and Services). This involves multiplying the price of all goods and services produced in the country by the quantity of those goods and services. The data needed to calculate nominal GDP can be obtained from national statistical agencies, government reports, and economic databases.


Which country has accurate statistical data of population?

USA


Is country a concrete or a abstract?

"Country" is an abstract concept as it refers to a geographical region defined by political boundaries, culture, and governance rather than a physical object that can be touched or seen.


For what purpose, according to the constitution, can the government collect taxes?

The government can collect taxes according to the constitution to fund public services and programs that benefit the country and its citizens.


Is country a concrete or abstract noun?

"Country" is typically considered a concrete noun because it refers to a physical place or location. It can be seen, touched, and experienced in a tangible way.


What country produced abstract art?

Kandinsky, Malevich and Mondrian were the first creators of abstract art in the early 20th century. Kandinsky created his first purely abstract works in Germany. Malevich created his first abstract works in Russia. Mondrian created his first abstract work in The Netherlands.


Is foreign an abstract noun?

No, "foreign" is not an abstract noun. It is an adjective that describes something as being external or from another country. Abstract nouns are things that cannot be perceived by the five senses, like love or happiness.


What is the noun for rustic?

The noun 'rustic' is a singular, common, abstract noun; a word for a person who comes from or lives in the country; an unsophisticated, simple, or clownish person from the country. The abstract noun form for the adjective 'rustic' is rusticity.


When was central statistical orgnigation established?

The Central Statistical Organization (CSO) in India was established in 1951. Its primary purpose is to coordinate the statistical activities of various government departments and to conduct surveys and collect data for economic planning and policy formulation. Over the years, it has played a crucial role in providing reliable statistical information for the country's development.


Is patriotism an abstract or concrete noun?

Patriotism is an abstract noun, a feeling or behavior.