The balance of trade is defined as A) the difference between ...

[cookcarl]

The balance of trade is defined as
 
  A) the difference between the value of the goods and services a country exports and the value of the goods and services a country imports.
  B) the difference between the balance of the current account and the balance of the capital account.
  C) the difference between the balance of the current account and the balance of the financial account.
  D) the difference between the value of the goods a country exports and the value of the goods a country imports.

Question 2

Of all industrialized nations, real GDP per capita was the highest in Japan in 2014.
 
  Indicate whether the statement is true or false

[Jayson]

Answer to Question 1

D

Answer to Question 2

FALSE