Multiple Choice
The balance on goods and services is _____
A) the same as the merchandise trade balance since services cannot be traded.
B) equivalent to the trade balance.
C) the value of all tangible and intangible products exported minus the value of all tangible and intangible products imported.
D) the value of all tangible products exported minus the value of all tangible products imported.
E) the value of all tangible products imported minus the value of all tangible products exported.
Correct Answer:
Verified
Correct Answer:
Verified
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