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When comparing a nation s balance of trade with its balance of payments, it is important to realize that ______________________________. A. the two concepts should yield the same value, because the value of goods traded must equal the total payments made to buy those goods. B. the balance of trade only includes exports and imports of goods, while the balance of payments includes exports and imports of both goods and services. C. these two concepts are totally unrelated, so such a comparison is not really meaningful. D. the balance of payments includes the balance of trade, but it
also includes other financial flows such as foreign borrowing and lending.
When comparing a nations balance of trade with its balance of payments, it is important to realize that: The balance of payments include balance of trade, but also include other financial flows such as foreign borrowing and lending.
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Asked 7/5/2013 4:56:11 PM
Updated 9/19/2014 6:40:50 PM
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When comparing a nations balance of trade with its balance of payments, it is important to realize that: The balance of payments include balance of trade, but also include other financial flows such as foreign borrowing and lending.

Added 9/19/2014 6:40:50 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/20/2014 12:41:51 AM]
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