QUESTION IMAGE
Question
the _____ is the total amount of money that flows in and out of a country. balance of trade federal deficit balance of payments balance of exchange international exchange question 6 1 pts international trade - dependent jobs have grown at a rate three times the growth of u.s.-dependent jobs. true false question 7 1 pts the difference in value between a countrys imports and exports is called its balance of trade. true false
Brief Explanations
- The balance of payments is the total amount of money that flows in and out of a country, covering all economic transactions between residents and the rest - of - the - world.
- International trade - dependent jobs have indeed grown at a rate three times the growth of U.S. - dependent jobs in some periods due to globalization.
- The balance of trade is defined as the difference in value between a country's imports and exports.
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Question 5: C. balance of payments
Question 6: True
Question 7: True