The difference between the monetary value of a nation's exports and imports is called its
A)countertrade.
B)trade feedback effect.
C)balance of trade.
D)gross domestic product.
E)tariffs.

Name: The difference between the monetary value of a nation's exports and imports is called its A)countertrade. B)trade feedback effect. C)balance of trade. D)gross domestic product. E)tariffs.
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Question

Quizplus · Accepted Answer

The monetary value of a nation's exports minus imports is called its balance of trade.

The Difference Between the Monetary Value of a Nation's Exports