Which account equals the value of merchandise exports minus the value of merchandise imports?

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The merchandise trade balance is the account that equals the value of merchandise exports minus the value of merchandise imports. The balance of payments refers to all transactions between a country and the rest of the world, including goods, services, and financial transactions. The financial account refers to transactions involving investment and capital flows. The trade deficit is the negative balance in the merchandise trade balance or the balance of payments. The current account is a broader measure that includes not only merchandise trade, but also services, investment income, and unilateral transfers.

Which Account Equals the Value of Merchandise Exports Minus the Value