Problem
Singapore is a natural-resource-poor country that has built its economy on the basis of massive imports of commodities and raw materials and similarly massive exports of refined and manufactured goods and services. In Singapore, exports are 178 percent of GDP! But how can a country export more than its GDP?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.