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    Principles of Microeconomics
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    Exam 20: Exchange Rates, Balance of Payments, and International Debt
  5. Question
    The Balance of Trade Is Derived by Subtracting Merchandise Imports
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The Balance of Trade Is Derived by Subtracting Merchandise Imports

Question 73

Question 73

True/False

The balance of trade is derived by subtracting merchandise imports from merchandise exports.

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