The _______________ is the difference between the value of the products a country exports and the value of the products it imports.
A)Exchange rate
B)Balance of trade
C)Standard of living
D)Purchasing power

Question

Quizplus · Accepted Answer

The balance of trade is the difference between a country's exports and imports. This is an important economic indicator that can impact a country's overall economic health and growth. A positive balance of trade (exports exceed imports) can contribute to economic growth, while a negative balance of trade (imports exceed exports) can lead to economic challenges.

The _______________ Is the Difference Between the Value of the Products