Which of the following is the name for the economic value of all of the products that a country exports minus the economic value of its imports?
A) Balance of foreign competition
B) Balance of domestic competition
C) Balance of trade
D) Balance of payments
E) Balance of supply and demand

Question

Quizplus · Accepted Answer

The term used for the economic value of all of the products that a country exports minus the economic value of its imports is known as the "Balance of Trade".

Which of the Following Is the Name for the Economic