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choli [55]
3 years ago
15

Explain the difference between balance of trade and balance of payments. (At least 2-3 sentences plz..)

Social Studies
1 answer:
igomit [66]3 years ago
7 0
The balance of trade is the difference between exports of goods and imports of goods. The balance of payments is the difference between the inflow of foreign exchange and the outflow of foreign exchange. The net effect of balance of trade is either positive, negative or zero. Hope this helps I think this is correct:)
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3 years ago
Why were people near the Yellow River able to grow enough food to support a civilization?
Alex

Answer:

The earliest civilizations to develop were all situated near major rivers. These rivers provided a regular water supply and a means of transportation. The animals that flocked to the rivers to drink were a source of food... Thus they were able to produce enough food to support increasingly large populations.

Hope that helps?

6 0
2 years ago
Which of the following is correct? a. An individual is a reporting entity but not a taxable entity. b. A partnership is a taxabl
loris [4]

Answer:

The correct answer is:

C. Partnerships is a reporting entity but not a taxable entity.

Explanation:

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6 0
3 years ago
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3 years ago
Jason is the owner of a large tract of land. Jason sells the property to Bertha using a quitclaim deed. Bertha later learns that
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Answer:

Has no claim against Jason

Hope this helps you out!

~theLocoCoco

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