The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the:

The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the:

The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the:




a) trade deficit


b) balance of trade


c) free trade


d) balance of payments



Answer: d


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