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9.1 Measuring trade balances  (Page 10/13)

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    balance of trade (trade balance)

    the gap, if any, between a nation’s exports and imports

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Practice FlashCards 7 Key Terms 4

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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