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evablogger [386]
3 years ago
6

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

History
2 answers:
Ksivusya [100]3 years ago
4 0

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

kirza4 [7]3 years ago
3 0

Answer:

true according to my teacher

Explanation:

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