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A Country's Trade Balance Is The

Question 10

Multiple Choice

A country's trade balance is the:


A) relationship between manufacturing and agriculture within its national borders.
B) difference between what it pays in import duties and what it earns from export duties.
C) accounting record of all of its transactions with all other nations of the world.
D) dollar value of the difference between what it exports and what it imports.
E) quantity of items that it exported weighed against the quantity of items it imports.

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