The _____ is the difference between the value of the goods a country exports and the value of the goods it imports.

Name: The _____ is the difference between the value of the goods a country exports and the value of the goods it imports.
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Question

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The balance of trade is a measure of a country's exports minus its imports. It includes only goods and excludes services and transfer payments. It can be positive (trade surplus), negative (trade deficit), or zero (balanced trade).

The _____ Is the Difference Between the Value of the Goods