Net exports of goods are known as
A)the balance of payments.
B)the merchandise trade balance.
C)the current account.
D)the capital and financial account.

Question

Quizplus · Accepted Answer

Net exports of goods refer specifically to the difference between the value of a country's exported goods and the value of its imported goods, which is the merchandise trade balance. The balance of payments, current account, and capital and financial account are broader measures that include multiple types of economic transactions beyond just goods trade.

Net Exports of Goods Are Known as