If the value of exports are 11,000 and value of imports are 1500 find the balance of trade?

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 31RQ: What is the difference between trade deficits and balance of trade?
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If the value of exports are 11,000 and value of imports are 1500 find the balance of trade?

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