The difference between the value of a country's merchandise ...

[bucstennis@aim.com]

The difference between the value of a country's merchandise exports and merchandise imports is known as the balance:
 a. of payments.
 b. of trade.
 c. on current account.
  d. on capital account.

Question 2

Public choice theory assumes that each voter will tend to favor the political candidate who offers:
 a. programs with the largest social benefits.
 b. equality of government-provided benefits across all citizens.
 c. programs that will yield the greatest personal benefits net of personal cost.
 d. a plan requiring the least amount of tax dollars, regardless of the level of benefits provided.

[Jevvish]

Answer to Question 1

b

Answer to Question 2

c