Solve the problem.
-The difference between a country's exports and imports is called the country's trade balance. If a country had $ 137 billion in exports and $280 billion in imports, what was the country's trade balance?
A)$417 billion
B)$143 billion
C)-$143 billion
D)-$417 billion

Question

Quizplus · Accepted Answer

The trade balance is calculated as exports minus imports. Therefore, the trade balance is $137 billion - $280 billion = -$143 billion, indicating a trade deficit of $143 billion.

Solve the Problem. -The Difference Between a Country's Exports and Imports Is Called