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A Nation's Balance of Trade Is

Question 29

Multiple Choice

A nation's balance of trade is


A) the relative difference between money flowing into and out of a country.
B) the difference in value between a country's total exports and its total imports.
C) the relative difference in value between a country's total exports and its total imports.
D) the absolute difference between money flowing into and out of a country.
E) the difference in exchange rates between two countries.

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