Asked by Lucia Callista on Jun 01, 2024
Verified
A positive balance of trade is when ________________________________________.
Trade Balance
The difference between the monetary value of a nation's exports and imports over a certain timeframe.
- Evaluate the ramifications of trade balances on countries' economic wellbeing.
Verified Answer
RM
Learning Objectives
- Evaluate the ramifications of trade balances on countries' economic wellbeing.