If these four countries trade only within this group, what is the difference between the highest balance of trade and the lowest

Question

zloy xaker [14]

3 years ago

5

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.

Mathematics

2 answers:

Darina [25.2K] · Answer 1 · 2023-02-18T15:34:48+03:00

Darina [25.2K]3 years ago

8 0

Answer:

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

Step-by-step explanation:

just took the test

goldenfox [79] · Answer 2 · 2023-02-18T14:20:19+03:00

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

<h3>What is a balance of trade?</h3>

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:

brainly.com/question/24473707