19 the difference between money coming into a country from exports and money leaving a country due to…

19 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 multiple choice balance of trade. balance of payments. free trade. trade deficit.

19 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 multiple choice balance of trade. balance of payments. free trade. trade deficit.

Answer

Brief Explanations:

The balance of trade only considers the difference between exports and imports. Free - trade is a policy concept. A trade deficit is when imports exceed exports. The balance of payments includes the balance of trade plus other money flows such as from financial and capital accounts.

Answer:

balance of payments