Test Your Knowledge on International Trade and its Future
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Questions and Answers

What was the value of global trade in 2021?

  • $20 Trillion
  • $28.5 Trillion (correct)
  • $30 Trillion
  • $15 Trillion
  • What was the growth rate of developing countries' trade in 2021 compared to 2020?

  • 15%
  • 45%
  • 60%
  • 30% (correct)
  • Which regions experienced higher trade growth due to increased prices?

  • Developing countries
  • Wealthier nations
  • Developed nations
  • Commodity exporting regions (correct)
  • What is the abbreviation CETA referring to?

    <p>A trade agreement</p> Signup and view all the answers

    Which country is mentioned as Canada's neighbor in the text?

    <p>United States</p> Signup and view all the answers

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