contestada

If these four countries trade only within this group, what is the difference between the highest balance of trade and the lowest balance of trade? a. $6,221,000,000 b. $5,003,000,000 c. $3,772,000,000 d. $2,123,000,000.

Respuesta :

Balance of trade is the difference that is between the value of a country's exports and the value of its imports.

What is a balance of trade?

Your information is incomplete. Therefore, an overview will be given. The balance of trade or net exports, is the difference between the monetary value of a nation's exports and imports over a period.

The balance of Trade formula = Country's Exports – Country's Imports.

For example, suppose the USA imported $1.8 trillion but exported $1.2 trillion to other countries, then the USA had a trade balance of -$600 billion.

Learn more about balance of trade on:

https://brainly.com/question/24473707

Answer:

The correct answer is A. $6,221,000,000

Step-by-step explanation:

just took the test