A nation's balance of trade on goods is equal to its exports of goods less its imports of

A) goods.
B) capital.
C) financial assets.
D) official reserves.

Balance Of Trade

The difference between a country's exports and imports of goods, without including services.

Goods Exports

Refers to the selling and shipment of tangible products from one country to another, contributing to a nation’s gross domestic exports.

Goods Imports

The process of bringing goods from foreign countries into one’s own country for use or sale.