Question

23. What is balance of trade?​

Answer 1

Answer:

the difference in value between a country's imports and exports.

Explanation:

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Answer 2

Balance of trade, the difference in value over a period of time between a country's imports and exports of goods and services, usually expressed in the unit of currency of a particular country or economic union (e.g., dollars for the United States, pounds sterling for the United Kingdom, or euros for the European Union ...

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