The difference between the flow of money into and out of a country is called its
A) balance of trade.
B) imbalance of trade.
C) balance of payments.
D) trade payment balance.
E) exchange rate.
Correct Answer:
Verified
Q4: The U.S.has a trade deficit because
A) U.S.companies
Q5: Protective tariffs raise the price of foreign
Q6: Exporting is the purchase of products from
Q7: Nations trade with other nations to obtain
Q8: Because it virtually controls the world's deposits
Q10: An absolute advantage exists when a country
Q11: A balance of trade refers to the
Q12: The primary problem with a trade deficit
Q13: When a nation imports more than it
Q14: In international trade,what is the difference between
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