*The term “merchandise trade balance” is used to describe:
A. the balance of trade in services.
B. the balance of trade in goods.
C. the level of trade in goods.
D. the level of trade in services.
Answer:B
*The term “merchandise trade balance” is used to describe:
A. the balance of trade in services. B. the balance of trade in goods. C. the level of trade in goods. D. the level of trade in services.
Explanation: Type: Multiple Choice