The value of exports minus the value of imports is called the:
A) trade value.
B) net budget balance.
C) balance of trade.
D) net trade value.

Question

Quizplus · Accepted Answer

The value of exports minus the value of imports is called the balance of trade, which measures the difference between a country's exports and imports. It reflects the net inflow or outflow of goods and services in a country and is an important indicator of a country's trade relationships with other nations.

The Value of Exports Minus the Value of Imports Is