Openness to trade measures A the inverse of the average time needed to comply with customs forms when importing goods into a country. B the amount of exports and imports as a share of GDP of a country. C the inverse of the average import tariff employed by a country. D the facility of doing business in country by a foreign firm.

Openness to trade measures A the inverse of the average time needed to comply with customs forms when importing goods into a country. B the amount of exports and imports as a share of GDP of a country. C the inverse of the average import tariff employed by a country. D the facility of doing business in country by a foreign firm.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter19: Economic Development

Section: Chapter Questions

Problem 3.4P

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A		the inverse of the average time needed to comply with customs forms when importing goods into a country.
B		the amount of exports and imports as a share of GDP of a country.
C		the inverse of the average import tariff employed by a country.
D		the facility of doing business in country by a foreign firm.