thomisonariel3691 thomisonariel3691
  • 14-01-2021
  • Business
contestada

If Malaland exports $51 billion in goods to Bursia, and Malaland imports $34 billion of goods from Bursia , what is the goods trade balance for Malaland

Respuesta :

abiolataiwo2015
abiolataiwo2015 abiolataiwo2015
  • 15-01-2021

Answer:

$17 billion

Explanation:

Calculation for what is the goods trade balance for Malaland

Using this formula

Goods trade balance=Exports goods- Imports goods

Let plug in the formula

Goods trade balance=$51 billion- $34 billion

Goods trade balance=$17 billion

Therefore the goods trade balance for Malaland will be $17 billion

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