The trade balance is found by calculating:
A) The sum of exports and imports.
B) The difference between exports and imports.
C) How much exports and imports are used.
D) The ratio of exports to imports.
Correct Answer:
Verified
Q7: Goods and services purchased from foreign sources
Q8: Exports account for approximately _ percent of
Q9: Goods and services purchased by Americans from
Q10: Which of the following countries has the
Q11: Which of the following countries has the
Q13: If the United States has a trade
Q14: Which of the following countries has the
Q15: Which of the following does the United
Q16: The amount by which exports exceed imports
Q17: If a country has a trade deficit,it:
A)
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