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Mathematics 7 Online
OpenStudy (rockamring2016):

help!! medal and fan for sure! Canada and Australia are​ (mainly) English-speaking countries with populations that are not too different in size​ (Canada's is 60 percent​ larger). But Canadian trade is twice as​ large, relative to​ GDP, as​ Australia's. Why should this be the​ case?  ​(Mark all that​ apply.)

OpenStudy (rockamring2016):

A. Canada is a member of the World Trade Organization while Australia is not. B. Transportation costs for imports and exports are higher in Australia because the distance goods must travel. C. ​Canada's GDP is approximately double that of​ Australia's. D. Canada is close to a major economy. E. ​Australia's GDP is very​ large; therefore, its volume of trade relative to GDP would be expected to be small.

jimthompson5910 (jim_thompson5910):

I'm not entirely sure, but I would think that because Canada is close to the US, it would make it have the Canadian trade larger than the Australian trade.

OpenStudy (rockamring2016):

@jim_thompson5910 yeah that's what I was thinking so it's D. and also I think B is correct too.

jimthompson5910 (jim_thompson5910):

That's true. Both B and D are saying the same basic thing: the further you are from a major economy, the more money you pay for shipping.

OpenStudy (scooby6363):

Honestly I feel like a better answer-choice would have mentioned NAFTA rather than, "close to a major economy."

OpenStudy (rockamring2016):

yes the answer was B and D. Thanks for help! :)

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