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:

OD Techniques

Stands for Organizational Development Techniques, which are methods used to improve organizational effectiveness and employee well-being.

Productivity

The measure of efficiency in producing goods and services, quantified by the output produced per unit of input.

Job Satisfaction

A collection of attitudes that workers have about their jobs.

Comprehensive Surveys

Broad and extensive surveys designed to gather data on a wide range of subjects or variables.