The Difference Between the Exports and Imports of Goods in a Country

question 30

Multiple Choice

The difference between the exports and imports of goods in a country is referred to as the

• A) balance of payments.
• B) balance of trade.
• C) balance of power.
• D) exchange rate.

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Definitions:

Input

Data or signals received by a system, device, or program for processing.

Output

An output refers to the data or signals that are produced by a system or process, transferring information from the inside to the outside.

PLC Scans

The cyclic process by which a Programmable Logic Controller (PLC) reads input, executes logic, and updates output, forming the basis of its operating cycle.

Programming Bugs

Errors or flaws in a software program that can cause it to behave unexpectedly or lead to incorrect outcomes.