The merchandise trade balance measures
A) the value of goods and services exported
B) the value of all goods and services exported minus the value of all goods and services imported
C) the value of all goods and services exported minus the value of all goods and services imported, and transactions to finance the difference
D) the value of all tangible products exported minus the value of all tangible products imported
E) the value of all tangible products exported minus the value of all tangible products imported, and transactions to finance the difference
Correct Answer:
Verified
Q9: If the current account is in deficit,
Q10: Because of the accounting techniques used, the
Q11: The value of a country's exports is
Q12: The balance of goods and services is
A)the
Q13: A nation has an unfavorable balance of
Q15: In 2011, the United States balance of
Q16: The balance of payments summarizes the transactions
Q17: The trade balance is
A)the services balance plus
Q18: The balance of payments always balances, because
Q19: The merchandise trade balance
A)reflects trade in intangibles
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