Asked by
Shaiday Thomas
on Nov 12, 2024
Verified
The merchandise trade balance measures:
A) the value of goods and services exported.
B) the value of all goods and services exported minus the value of all goods and services imported.
C) the value of all goods and services exported minus the value of all goods and services imported,and the transactions to finance the difference.
D) the value of all tangible products exported minus the value of all tangible products imported.
E) the value of all tangible products exported minus the value of all tangible products imported,and the transactions to finance the difference.
Merchandise Trade Balance
The difference between a country's imports and exports of goods.
Tangible Products
Physical items that can be touched, seen, and usually measured, such as books, furniture, and food items.
Finance
The management of large amounts of money, especially by governments or large companies.
- Understand thoroughly the elements that form the foundation of a country's merchandise trade balance.
Verified Answer
LE
Learning Objectives
- Understand thoroughly the elements that form the foundation of a country's merchandise trade balance.