The difference between money paid to, and received from, other nations in trade is the

Social Studies

2 answers:

rusak2 [61]3 years ago

6 0

The difference between money paid to, and received from, other nations in trade is the balance of payments

Stolb23 [73]3 years ago

6 0

The difference between money paid to, and received from, other nations in trade is the balance of payments (BoP), or also known as balance of international payments. BoP is a record of the country's international trade plus the financial transactions that make it possible and it is a measure that tells whether it saves enough to pay for its imports.

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