Wichasha, an African Country, Exports Barley and Cotton Worth $100

Multiple Choice

Wichasha, an African country, exports barley and cotton worth $100 million to Illema, a European country, and it imports sugarcane worth $25 million from Illema. As such, the total value of Wichasha's exports is higher than the total value of its imports. This difference between the value of Wichasha's exports and imports is known as _____.

A) a comparative advantage
B) the balance of payments
C) an absolute advantage
D) the balance of trade