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Trade in goods as a percent of GDP
(charts
4.5
and
5.7)
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Trade in goods as a percent of GDP is the sum of
merchandise exports and imports divided by GDP, all of which are valued
in current U.S. dollars. The value taken by the indicator does not give
the share of GDP generated by imports and exports; rather, it indicates
that the value of imports and exports is equivalent to the resulting
percentage of GDP. GDP has been defined previously (see Gross Domestic
Product section).
Source: World Bank, World Development Indicators
Database, http://www.worldbank.org/.
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