Over the course of a year, a nation records that its exports total an equivalent of $61,475,059, and its imports total an equivalent of $69,696,824. what is this nation’s balance of trade?

Given:  The monetary value of a nation's exports = $61,475,059

The monetary value of a nation's  imports = $69,696,824

We know that the nation’s balance of trade is the difference between the monetary value of a nation's exports and imports over a course of a year.

Hence, Nation’s balance of trade =

Hence,  this nation’s balance of trade=

6mm^3 or .6cm^3

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  36     6

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