The balance of trade is a record of a country's international transactions that take place among companies, governments, or individuals.

Name: The balance of trade is a record of a country's international transactions that take place among companies, governments, or individuals.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

The balance of trade specifically refers to the difference between the value of a country's exports and imports of goods, not all international transactions.

The Balance of Trade Is a Record of a Country's