Find the import of goods when the balance of trade are 40 and the exports of goods are 20??

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 22RQ: If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports exceed...
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Find the import of goods when the balance of trade are 40 and the exports of goods are 20??

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