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प्रश्न
Give meaning of balance of trade.
उत्तर
Balance of trade is the difference between the value of imports and exports of only the visible items of an economy.
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संबंधित प्रश्न
Foreign capital long-term loan and foreign currency reserve are recorded under ______.
The term official capital includes
Mention the components of official capital.
What are the credit items shown in currents accounts?
State the components of capital account.
Write down the structure of capital account
Distinguish balance of payment and balance of trade
Highlight the features of balance of trade.
In which of the following categories are economic transactions of balance of trade recorded?
Trade of visible items between the countries is known as ______.
When the import and export of visible items are equal, the situation is known as ______.
When there is a favourable balance of trade?
Balance of trade is measured as ______.
If balance of trade is (-) Rs. 600 crore and value of exports is Rs. 500 crore then the value of imports will be ______.
Read the following statements -Assertion (A) and Reason(R), choose one of the correct alternatives given below:
Assertion (A): Trade of invisible items between two nations is a part of capital account of Balance of Payment
Reason(R): Transactions that affect the asset-liability status of a country in relation to the rest of the world are known as Capital Account transactions.
Read the following statements - Assertion (A) and Reason(R), Choose one of the correct alternatives given below:
Assertion (A): If the receipts and payments on the current account are equal to each other, it depicts a situation of Current Account Surplus.
Reason (R): A surplus current account means that the nation is a lender to other countries and a deficit current account means that the nation is a borrower from other countries.
Suppose, following data is presented, for an imaginary economy:
| Year | Visible Exports | Visible Imports |
| 2010 | 280 | 240 |
| 2020 | 580 | 460 |
Identify, which of the statement about the period 2010 to 2020 is correct?
