The ratio of what a country pays for imports to what it earns in exports is known as its
A) federal deficit.
B) balance of trade.
C) international productivity quotient.
D) tariff.
E) trade gap.
Answer: B
The ratio of what a country pays for imports to what it earns in exports is known as its
A) federal deficit.
B) balance of trade.
C) international productivity quotient.
D) tariff.
E) trade gap.
Answer: B