Question

the monetary value of good and service imported and exported reffer to​

Answer 1

Answer:

balance of trade

Explanation:

The balance of trade (BOT), also known as the trade balance, refers to the difference between the monetary value of a country's imports and exports over a given time period.

Answer 2

The answer is "Balance Of Trade".

Explanation:

• The balance of trade (BOT) is also known as trade balance, it refers to the difference between the import's and the export's monetary value over a given time period.
• If the value of the import is more than the export, then the trade balance of that country is negative and it is vice versa.
• Import value is defined as the value of goods bought in a country that was produced in another country.
• Export value is defined as the value of goods which is at the port of export.