The Balance on Goods and Services Is _____

question 158

Multiple Choice

The balance on goods and services is _____

• A) the same as the merchandise trade balance since services cannot be traded.
• B) equivalent to the trade balance.
• C) the value of all tangible and intangible products exported minus the value of all tangible and intangible products imported.
• D) the value of all tangible products exported minus the value of all tangible products imported.
• E) the value of all tangible products imported minus the value of all tangible products exported.

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Definitions:

Profitability

A financial metric that measures the degree to which a company or activity yields profit when compared to its size, costs, or investments.

Disclosure Documents

Official documents that provide detailed information about an investment, required by law to be provided to prospective investors.

Prospective Franchisees

Individuals or entities considering entering into a franchise agreement, evaluating the business opportunity and requirements.

Legal Requirements

Obligations or conditions defined by law that individuals and organizations must adhere to.