The Value of Exports Minus the Value of Imports Equals

question 86

Multiple Choice

The value of exports minus the value of imports equals the:

• A) trade value.
• B) net budget balance.
• C) balance of trade.
• D) net trade value.

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Definitions:

Correlated

When two variables have a mutual relationship that affects each other's movements or values.

Cash Flow

The total amount of money being transferred into and out of a business, measuring financial health.

Probability

A measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.

Following Year

The year that comes after the current year, often in the context of planning or forecasting.