The balance of trade for Ireland is measured by which of the following?
A) the value of Irish exported goods and services minus the value of goods and services imported into Ireland
B) the value of income receipts on Irish investments abroad minus income payments on foreign investments in Ireland
C) the value of Irish merchandise exports minus the value of merchandise imports into Ireland
D) the balance on Irish capital account minus the balance on Irish current account
E) the balance on Irish capital account plus the balance on Irish current account
Correct Answer:
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