The difference between the value of a nation's exports and it's imports is:?

Question

a. the exchange rate

b. the balance of payments

c. the balance of trade

d. a trade quota

Answer 1

I think you forgot "e."  a nation's health.  If you just want someone to choose one of the above, then I choose "c."  What is this for?  Money is like a nation's life blood.  If it all flows out, then the nation will die.  If it all flows in, then the nation will become bloated and slow.  If there is a healthy exchange of the two, then you will have a healthy nation.  Ours is very sick!!!!!!!!!!!!!!

Answer 2

C!  My degree is in economics!

Answer 3

exchage rate

Answer 4

Wow. I though it was the Gross national Product but when I clicked and Saw your choices I'm going to have to go with C.

Answer 5

It's balance of trade... it is the most important parts of current account...

Answer 6

c