The Net of Services Exports and Imports Is Called the ______

question 15

Multiple Choice

The net of services exports and imports is called the ______.

• A) trade balance
• B) services balance
• C) income balance
• D) services deficit
• E) services transfer ratio

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Definitions:

Property Insurance

Insurance coverage that provides financial reimbursement to the owner or renter of a structure and its contents in case of damage or theft.

Premiums

Payments made by individuals or businesses to insurance companies in exchange for coverage against specified risks.

Deductible

An amount of any loss that is to be paid by the insured.

Inflationary Times

Periods characterized by a general increase in prices and fall in the purchasing value of money.