The Difference Between a Country's Exports and Imports of Goods

question 170

Multiple Choice

The difference between a country's exports and imports of goods alone (not including services) is the:

• A) merchandise trade balance.
• B) balance of payments on good and services.
• C) balance of payments on current account.
• D) current account.

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Definitions:

Milk Production

The biological process by which mammals produce milk to feed their young.

Electroencephalogram

A test that measures and records the electrical activity of the brain to detect potential problems associated with this activity.

Electrical Impulses

Signals transmitted through neurons or artificial circuits, used to convey information or stimulate responses.

Brain

The organ located in the skull responsible for coordinating sensation, intellectual and nervous activity.