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asjstr asjstr
wrote...
Posts: 465
Rep: 8 0
5 years ago

Question 1.

The difference between a country's merchandise exports and its merchandise imports is the



▸ balance of payments.

▸ capital account.

▸ current account.

▸ balance of trade.

Question 2.

When a country's exports of goods are less than its imports of goods in a given period, it has a



▸ trade deficit.

▸ capital account deficit.

▸ trade surplus.

▸ current account surplus.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Answer verified by a subject expert
yesimshayyesimshay
wrote...
Posts: 360
5 years ago
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asjstr Author
wrote...

5 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Good timing, thanks!
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