In global trade, when the difference between money coming into a country from exports

Question

and money leaving a country due to imports or money flows from other factors is
known as the
A. balance of payments. C. balance of trade.
B. trade offset. D. trade deficit.

my answer is C

Answer 1

I disagree.

Answer 2

Balance of Trade: The total value of a nation’s exports compared to its imports measured over a particular period

Trade Deficit: An unfavorable balance of trade; occurs when the value of a country’s imports exceeds that of its exports

Balance of Payments: The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment

Answer 3

You must cite the source of your information. Please tell us where you found this information.

Answer 4

just google In global trade, when the difference between money coming into a country from exports
and money leaving a country due to imports or money flows from other factors is known as the and click the first one, its flashcardmachine. (com)

Why wont it let me type the website???

Answer 5

so i was re reading everything and it sounded more like the answer was D but afer what 12 year old poet wrote seems like its A