*An economics professor is discussing a measure of trade that involves a comparison of exports and imports of goods for the year just ended. What name is given to this measurement?
A. export trade balance
B. merchandise trade balance
C. import trade balance
D. current account balance
Answer:B
*An economics professor is discussing a measure of trade that involves a comparison of exports and imports of goods for the year just ended. What name is given to this measurement?
A. export trade balance B. merchandise trade balance C. import trade balance D. current account balance
Explanation: Type: Multiple Choice