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    Exam 1: Trade in the Global Economy
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    The Difference Between the Total Value of a Country's Exports
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The Difference Between the Total Value of a Country's Exports

Question 116

Question 116

Multiple Choice

The difference between the total value of a country's exports and the total value of its imports is defined as the country's:


A) trade status.
B) trade balance.
C) trade deficit.
D) bilateral trade balance.

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