The Difference in Value Between a Nation's Exports and Imports

question 96

Multiple Choice

The difference in value between a nation's exports and imports is called:

• A) its trade deficit.
• B) its bilateral trade balance.
• C) balanced trade.
• D) its trade balance.

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Definitions:

Shape

A geometric figure or form determined by its external boundaries or contours.

Heisenberg Uncertainty Principle

A fundamental theory in quantum mechanics stating that it is impossible to simultaneously know both the exact position and exact momentum of a particle.

Electron

A subatomic particle with a negative electric charge, found outside the nucleus of an atom, playing a key role in electricity, chemistry, and bonding.

Electron Configuration

The distribution of electrons of an atom or molecule in atomic or molecular orbitals.