Which of the Following Is the Name for the Economic

question 12

Multiple Choice

Which of the following is the name for the economic value of all of the products that a country exports minus the economic value of its imports?

• A) Balance of foreign competition
• B) Balance of domestic competition
• C) Balance of trade
• D) Balance of payments
• E) Balance of supply and demand

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Definitions:

Loss On Redemption

A financial loss experienced when redeeming bonds or securities before their maturity date for a price higher than their face value.

Carrying Value

The book value of an asset or liability on a company's balance sheet, calculated as its original cost minus any depreciation, amortization, or impairment costs.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash.

Par Value

The face value of a bond or the stated value of a stock; does not necessarily reflect market value.