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Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
Updated on: 04 Feb 2024, 23:41
Originally posted by Sajjad1994 on 25 Aug 2020, 21:40.
Last edited by BottomJee on 04 Feb 2024, 23:41, edited 4 times in total.
Last edited by BottomJee on 04 Feb 2024, 23:41, edited 4 times in total.
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If the US does not export at least one half of its production of any commodity listed on the table, it is not the leading exporter of that commodity.: No
Of all the commodities for which the US is the #2 exporter, the US produces at least one third of the world supply.: No
No single country exports more than 5 billion dollars worth of wheat.: Yes
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
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The following table displays data on U.S. export products in 2016.
--
(Sort ↕ the table by clicking on the headers)
| Crop | Amount produced (in millions of dollars) | Production ranking | Percent exported | World export ranking |
|---|---|---|---|---|
| Cotton | 7.6 | 3 | 76 | 2 |
| Hops | 134 | 2 | 32 | 2 |
| Oats | 9.4 | 6 | 25 | 6 |
| Rice | 2.4 | 12 | 70 | 3 |
| Soybeans | 0.1 | 1 | 40 | 2 |
| Walnuts | 9 | 2 | 20 | 1 |
| Wheat | 9 | 4 | 51 | 1 |
| Yes | No | |
| If the US does not export at least one half of its production of any commodity listed on the table, it is not the leading exporter of that commodity. | ||
| Of all the commodities for which the US is the #2 exporter, the US produces at least one third of the world supply. | ||
| No single country exports more than 5 billion dollars worth of wheat. |
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Official Answer
If the US does not export at least one half of its production of any commodity listed on the table, it is not the leading exporter of that commodity.: No
Of all the commodities for which the US is the #2 exporter, the US produces at least one third of the world supply.: No
No single country exports more than 5 billion dollars worth of wheat.: Yes
26 Aug 2020, 06:51
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yashikaaggarwal
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26 Aug 2020, 08:12
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1) If the US does not export at least one half of its production of any commodity listed on the table, it is not the leading exporter of that commodity.
US is the leading exporter for two things Walnuts and wheat, so even if US stop exporting either of them. USA will remain leading exporter of other.
Answer is NO
2) Of all the commodities for which the US is the #2 exporter, the US produces at least one third of the world supply.
USA is World 2 most exporter of Cotton, Hops, and Soybeans.
exporting 75%, 32% and 40% respectively. Out of which Hops is been export at only 32% rate which is lesser than 1/3 of total or 33.33%.
Answer is NO
3) No single country exports more than 5 million dollars worth of wheat.
USA Export 51% of total wheat while total wheat in Monetary term is 9 million Dollar
and US exports the most being the no. 1 exporter of wheat.
So no country export 5 million dollar value wheat.
Answer is YES.
US is the leading exporter for two things Walnuts and wheat, so even if US stop exporting either of them. USA will remain leading exporter of other.
Answer is NO
2) Of all the commodities for which the US is the #2 exporter, the US produces at least one third of the world supply.
USA is World 2 most exporter of Cotton, Hops, and Soybeans.
exporting 75%, 32% and 40% respectively. Out of which Hops is been export at only 32% rate which is lesser than 1/3 of total or 33.33%.
Answer is NO
3) No single country exports more than 5 million dollars worth of wheat.
USA Export 51% of total wheat while total wheat in Monetary term is 9 million Dollar
and US exports the most being the no. 1 exporter of wheat.
So no country export 5 million dollar value wheat.
Answer is YES.
