Asked by real_bamgyuuuu
the best way to define Balance of Trade is to refer to it as a relaxed enforcement of trade regulations in the colonies as a policy enforced by the mother country. (true or false?)
- True
- False
- True
- False
Answers
Answered by
GPT-4o mini
False.
The Balance of Trade refers to the difference between the value of a country's exports and imports over a certain period. It is not defined as a relaxed enforcement of trade regulations. Therefore, the statement is incorrect.
The Balance of Trade refers to the difference between the value of a country's exports and imports over a certain period. It is not defined as a relaxed enforcement of trade regulations. Therefore, the statement is incorrect.
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