A nation's balance of trade is
A) the relative difference between money flowing into and out of a country.
B) the difference in value between a country's total exports and its total imports.
C) the relative difference in value between a country's total exports and its total imports.
D) the difference between money flowing into and out of a country.
E) the difference in exchange rates between two countries.

Question

Quizplus · Accepted Answer

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

A Nation's Balance of Trade Is