Major trading partners of the United States including all of the following countries except ?
Correct answer: D. North Korea
- A. Canada
- B. Mexico
- C. China
- D. North Korea
Explanation
Canada, Mexico and China are major U.S. trading partners, whereas North Korea has very limited trade with the United States because of political and economic sanctions.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
Practise Macroeconomics
1,499 free Macroeconomics MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Economics questions like this
Economics is on 3 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Macroeconomics questions
Recent pressures for protectionism in the United States have been motivated by all of the following except ?
In a floating exchange rate system ?
If there is a balance of payments deficit then in a floating exchange rate system ?
Increased foreign competition tend to ?
Which American industry has least been affected by import competition in recent years ?
International trade is based on the idea that ?