Multiple Choice
The trade balance is the difference between the value of:
A) the trade deficit and the budget deficit.
B) exports and imports.
C) the exchange rates of two countries that are engaged in international trade.
D) the national debt and the foreign debt.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q110: In a typical business cycle, the trough
Q111: Inflation:<br>A) is a movement of the economy
Q112: The most painful consequence of a recession
Q113: Which is MOST likely a macroeconomic, not
Q114: The concept that the whole is greater
Q116: If all of the households and businesses
Q117: An increase in the nation's _ is
Q118: Following a trough, real GDP increases.
Q119: What do a rubber-necking traffic jam and
Q120: A nation whose value of imports exceeds