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    Financial System and the Economy Principles
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    Exam 16: How Exchange Rates Are Determined
  5. Question
    The Difference Between Merchandise Exports and Imports Is Called the
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The Difference Between Merchandise Exports and Imports Is Called the

Question 75

Question 75

Multiple Choice

The difference between merchandise exports and imports is called the


A) trade deficit.
B) trade surplus.
C) trade balance.
D) capital account surplus.

Correct Answer:

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