Answer-Balance of trade is the _______________.

Balance of trade refers to the difference between the value of goods exports a country sells to other countries and the value of goods imports it buys. It provides insights into a nations trade performance in terms of tangible items.

Question

Balance of trade is the _______________.

A Difference between export and import of services

B Total export and import of services

C Difference between export and import of goods

D Total export and import of goods

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Balance of trade is the _______________.

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