Lampguy55 Lampguy55

19-10-2020
History

contestada

Imports and Exports are the two major components in balance of trade.

Please select the best answer from the choices provided

True or false

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haileywilliams54 haileywilliams54

19-10-2020

Answer:

true according to my teacher

Explanation:

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alexanderfallah54 alexanderfallah54

19-10-2020

Answer:

True

Explanation:

The balance of trade refers to the difference in imports and exports.This is one component of a country's gross domestic product-exports minus imports.If exports are greater than imports,this trade component of GDP is positive and adds to GDP,while if imports ard greater international trade subtracts from GDP

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