Which of the following statements is most accurate?
A. As the largest international marketer, the U.S. accounts for 85 percent of world trade.
B. World trade refers exclusively to the exchange of money for goods or services.
C. An estimated 35 percent of world trade involves countertrade.
D. European intratrade is smaller but more powerful than for any of the other world regions.
E. The U.S., Europe, Canada, China, and Japan together account for more than ⅔ of world trade.
Answer: E. The U.S., Europe, Canada, China, and Japan together account for more than ⅔ of world trade.