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When the Balance of Trade Is in Balance, We Know

Question 38

Multiple Choice

When the balance of trade is in balance, we know with certainty that


A) the value of all debit transactions equals the value of all credit transactions.
B) the value of exports of goods equals the value of imports of goods.
C) the value of capital exports equals the value of capital imports.
D) the value of exports of goods and services equals the value of imports of goods and services.

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