The ____ Is the Difference Between Exports and Imports

question 29

Multiple Choice

The ____ is the difference between exports and imports.

• A) balance of trade
• B) balance on goods and services
• C) balance of payments
• D) current account
• E) capital account

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Definitions:

Risk-Free Return

The theoretical return on an investment with zero risk, often associated with government bonds or treasury bills.

Jensen Measure

A performance metric that evaluates a portfolio manager's ability to generate excess returns relative to a benchmark, adjusting for risk.

Risk-Free Return

The return on an investment with zero risk, typically associated with U.S. Treasury securities.

Treynor's Measure

A performance metric for determining how well an investment compensates the investor for taking a risk, considering the risk-free rate.