A. balance of payment
B. terms of trade
C. balance of trade
D. terms of payment
Correct Answer:
Option C – balance of trade
Explanation
Balance of trade; the difference in value between a country’s imports and exports.
A. balance of payment
B. terms of trade
C. balance of trade
D. terms of payment
Correct Answer:
Option C – balance of trade
Explanation
Balance of trade; the difference in value between a country’s imports and exports.
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