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Complete the Following Using the Terms Listed

Question 116

Multiple Choice

Complete the following using the terms listed.
-A country's _____ is the difference between its exports and imports.


A) offshoring
B) balance of trade
C) joint venture
D) Dumping
E) Imports
F) tariff
G) International Monetary Fund
H) World Trade Organization
I) free trade area
J) Devaluation
K) exchange rate
L) absolute advantage
M) global business strategy
N) Quota
O) multidomestic strategy
P) balance of payments
Q) comparative advantage

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