What do balance of trade and balance of payments provide insights on?
QUESTION
What do balance of trade and balance of payments provide insights on?
A) a country’s competitiveness
B) a country’s economic performance
C) a country’s import/export performance
D) a company’s foreign investments
E) a country’s budget deficit or surplus
ANSWER
Answer: C
Explanation: C) These figures help a country determine the level of success achieved by its trade policies.
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