The balance of trade measures the:
A) difference between the value of imports and that of exports.
B) share of U.S. imports coming from various regions of the world.
C) share of U.S. exports going to various regions of the world.
D) exchange rate needed to make imports equal exports.

Question

Quizplus · Accepted Answer

The balance of trade is the difference between the value of a country's exports and imports.

The Balance of Trade Measures The