The difference between the exports and imports of goods in a country is referred to as the
A) balance of payments.
B) balance of trade.
C) balance of power.
D) exchange rate.
B
Economics
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Any change that affects the entire schedule relating the quantity of labor and the value of the marginal product of labor will ________, assuming all else equal
A) cause the labor demand curve to become vertical B) shift the labor demand curve C) cause a rotation in the labor demand curve D) be caused by a change in the wage rate
Economics
The first important federal law passed to regulate monopolies in the United States was the
A) Sherman Act. B) Cellar-Kefauver Act. C) Federal Trade Commission Act. D) Clayton Act.
Economics