The Balance of Trade Is Measured by Which of the Following

question 85

Multiple Choice

The balance of trade is measured by which of the following expressions?

• A) The value of exported goods and services minus the value of imported goods and services
• B) The value of income receipts on investments minus income payments on investments
• C) The value of goods exports minus the value of goods imports
• D) The value of government spending minus the value of all taxes received
• E) The balance on capital account plus the balance on current account

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Definitions:

Land Trusts

A legal arrangement that allows for the protection and conservation of land for environmental, conservation, or cultural values.

Conservation Easements

Legal agreements that restrict the use of land in order to preserve its conservation values, allowing landowners to protect natural resources while retaining property ownership.

Government Services

Public services provided by governmental organizations to meet the needs of the citizens, including education, healthcare, and public safety.

Income Tax

A tax levied by governments on individuals or entities' income, varying widely in mechanism and application across different jurisdictions.