The trade balance plus net exports of services is called the
A)balance of goods and services.
B)balance on capital account.
C)balance on current account.
D)balance of payments.

Question

Quizplus · Accepted Answer

The trade balance (the balance of trade in goods) plus net exports of services together make up the balance of goods and services. This term specifically refers to the combined total of a country's exports and imports of goods and services.

The Trade Balance Plus Net Exports of Services Is Called