Author Question: What is the term that refers to a country's receipts garnered from its exports minus the costs of ... (Read 14 times)

michelleunicorn · **on:** Sep 4, 2018

What is the term that refers to a country's receipts garnered from its exports minus the costs of its imports?

a. law of comparative advantage
b. debt ratio
c. balance of trade
d. special drawing rights

Question 2

What is international finance?

a. the movement of money among countries for the purpose of investment, trade, and capital
accumulation
b. when two or more states that export a particular product will receive access to a country that imports the
product under favorable terms
c. the determination of exchange rates as the results of market forces
d. any trade that takes place without barriers such as tariffs or quotas