Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Balance of trade incorporates trade with all foreign nations.

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

Balance of trade measures a nation's exports and imports but does not guarantee balanced trade with all partners.


Explanation:

Balance of trade is the gap between a nation's exports and imports of goods and services. It does not necessarily imply balanced trade with each trading partner. Even if a country's overall balance of trade is equal, individual trade balances with different partners can vary.


Learn more about Balance of trade here:

https://brainly.com/question/38692040


Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.