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Which of the Following Statements Is Correct

Question 34

Multiple Choice

Which of the following statements is correct?
i.The difference between the value of a country's exports and its imports is known as the trade balance.
ii.The difference between the value of a country's exports and its imports is known as net exports.


A) i) and ii) are both true
B) i) and ii) are both false
C) i) is true and ii) is false
D) i) is false and ii) is true

Correct Answer:

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