The rate at which one country”s products are exchanged for the products of another is?

The rate at which one country”s products are exchanged for the products of another is?
  • A.
    balance of trade
  • B.
    balance on current account
  • C.
    terms of trade
  • D.
    balance of payments
  • E.
    foreign exchange
Correct Answer: Option B
Explanation
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