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Working independently, Bell and Magendie discovered that
Trade Balance
The difference in value between a country's imports and exports over a certain period, indicating the net exports of goods and services.
Trade Balance
The difference between a country's exports and imports of goods and services, indicating whether a country has a trade surplus or deficit.
Negative
A condition or quantity less than zero or a loss or deficit in context.
Opportunity Cost
The value of the best alternative foregone as a result of choosing a particular action or decision.
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