The merchandise trade balance is a country's
A)exports of goods.
B)net exports of goods.
C)exports of goods and services.
D)net exports of goods and services.

Question

Quizplus · Accepted Answer

The merchandise trade balance only includes the trade of physical goods, so it is the net exports of goods (exports minus imports). Therefore, the correct answer is B. A includes only exports, C includes both goods and services, and D includes net exports of both goods and services.

The Merchandise Trade Balance Is a Country's