The difference between merchandise exports and imports is called the

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Quizplus · Accepted Answer

The difference between merchandise exports and imports is referred to as the trade balance. The current account balance refers to the balance of trade, net income from abroad, and net current transfers. The capital account balance tracks the flow of investment in and out of a country, and the balance of payments reflects all transactions between a country's residents and non-residents.

The Difference Between Merchandise Exports and Imports Is Called the