Poland's Latest Trade Data
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Questions and Answers

What is the basis for presenting trade data in the latest trade section?

  • Type of goods traded
  • GDP of partner countries
  • Population of partner countries
  • Availability of trade data (correct)
  • What system is used by countries whose trade data is presented in this section?

  • Most Favored Nation
  • Bilateral Trade Agreement
  • Harmonized System (correct)
  • Generalized System of Preferences
  • How are trade values converted to USD?

  • Using the average exchange rate of the year
  • Using the exchange rate of the first day of the month
  • Using a fixed exchange rate
  • Using the exchange rate of the last day of the month (correct)
  • What exchange rate is used for December 2023 data?

    <p>December 30, 2023 exchange rate</p> Signup and view all the answers

    What is the purpose of the disclaimer in the latest trade section?

    <p>To explain the methodology used for presenting trade data</p> Signup and view all the answers

    Study Notes

    Latest Trade Data

    • The latest trade data is based on information from Poland's trade partners.
    • The data is presented based on availability, which means that not all countries may be included.
    • Only countries that use the Harmonized System (HS) are shown in the data.
    • Trade values are converted to USD (United States Dollars) for comparison.
    • The conversion to USD is done using the exchange rate for each month.
    • For December 2023 data, the exchange rate from December 30, 2023, is used for conversion.

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    Description

    This quiz is based on the most recent trade data from Poland's partners, using the Harmonized System and converted to USD using the latest exchange rate.

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