l borders 7.____________ is the difference between the value of the goods and services that a country exports and the value of the goods and services that it imports. a. Trade balance b. Trade surplus c. Trade deficit d. Trade barrier 8. Each country has to earn ______ to pay for imports. a. money b. foreign exchange c. cash d. currency 9. Which isnot the example of trade barriers? ____________ a.T ariffs b. Quotas c. Import duties d. e tax 10. Which is the regulation of international trade at the global level? __________ a. WTO b. MERCOSUR c. NAFTA d. FTAA 11. Which isnot correct about the trade form of agency? ____________ a. An agent does not need to carry stock. b. Generally speaking, agents are usually paid mission. c. An agent acts asa middleman between the principal and the customer
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