The Balance of Goods and Services Is

question 81

Multiple Choice

The balance of 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 exported minus the value of all tangible products imported,and the transactions to finance the difference.

Comprehend the mechanisms of international trade agreements and their impact on global commerce.

Identify the sources and purposes of financial support for international development projects.

Calculate the pre-tax cost of debt.

Compute the after-tax cost of debt for WACC calculations.

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