The exports of visible goods is worth $30 million and the imports of visible goods is $15 million Calculate 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 41CTQ: Will nations that are more involved in foreign trade tend to have higher trade imbalances, lower...
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The exports of visible goods is worth $30 million and the imports of visible goods is $15 million

Calculate the balance of trade

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