The difference between the value of exports and the value of imports is called
A) depreciation.
B) capital accumulation.
C) net exports.
D) the balance of payments.
E) the terms of trade.

Question

Quizplus · Accepted Answer

The difference between the value of exports and the value of imports is called net exports. It is the amount of goods and services exported from a country minus the amount of goods and services imported into the country during a specific period of time, usually a year. It is also one of the components of the balance of payments, which includes all the economic transactions between a country and the rest of the world.

The Difference Between the Value of Exports and the Value