Which of the following statements is true? (Points : 1) The U.S. Europe, Canada,

Question

          Which of the following statements is true? (Points : 1)                                        The U.S. Europe, Canada, China, and Japan together account for less than half of world trade.
                                        The U.S. accounts for 85 percent of world trade.
                                        World trade only involves the exchange of money for goods or services.
                                        An estimated 15 to 20 percent of world trade involves countertrade.
                                        European intratrade is smaller than for any of the other world regions.

Explanation / Answer

4th statement is true.

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