The excess of the value of imports of goods and services over the value of exports of goods and services is called:

Related MCQs

• The difference in the value of visible exports and visible imports is called :
• The lowering of the value of a currency in the international market or against specific other currencies, which makes exports cheaper and imports expensive is called:
• When no tariffs are imposed on exports and imports, it is called:
• An early modern European economic theory that trade generates wealth of bullion which a government should encourage by promoting exports and restricting imports is called:
• The difference between visible exports and visible imports is defined as -
• Difference between a countrys exports and imports is:
• The goods and services produced by one country that are sold in exchange for the second country’s own goods and services or for foreign exchange are called
• A trade of goods and services in the exchange for other goods or services rather than for money is known as:
• The excess of an expenditure flow over an income flow is termed as:
• The use of borrowing to finance an excess of expenditure over income is known as: