The Balance of Trade Is Defined as

question 27

Multiple Choice

The balance of trade is defined as

• A)the difference between the balance of the current account and the balance of the capital account.
• B)the difference between the value of the goods and services a country exports and the value of the goods and services a country imports.
• C)the difference between the value of the goods a country exports and the value of the goods a country imports.
• D)the difference between the balance of the current account and the balance of the financial account.

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Definitions:

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