Use the information provided to compute the openness measure for each country. Exports Country (Billions of dollars) Packitopia 198 Bengalia 19 Imports GDP (Billions of dollars) (Billions of dollars) Openness Measure 84 49 120 20
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The formula is: Openness Measure $= \frac{\text{Exports} + \text{Imports}}{\text{GDP}}$ Show more…
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