Which term refers to the difference between the value of a country's exports and the value of its imports over a given period?
A) Balance of trade
B) Balance of payment
C) Gross domestic product
D) Gross national product

Question

Quizplus · Accepted Answer

The balance of trade refers to the difference between the value of a country's exports and the value of its imports over a given period.

Which Term Refers to the Difference Between the Value of a Country's