Currently, about how much world's goods trade (by volume) is carried on ships?
Correct answer: C. 80%
- A. 20%
- B. 60%
- C. 80%
- D. None of these
Explanation
Ships carry roughly 80 percent of world merchandise trade by volume, making maritime transport central to global supply chains. The lower figures greatly underestimate the role of shipping in physical trade.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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