True or false? Low-income countries tend to have a very high ratio of trade inflows and outflows relative to GDP.

Question

True or false? Low-income countries tend to have a very high ratio of trade inflows and outflows relative to GDP.
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Solution 1

The statement can be either true or false depending on the specific low-income country in question. Some low-income countries may have a high ratio of trade inflows and outflows relative to GDP due to factors such as a heavy reliance on exports for income or a high level of imports due to a lack of Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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