Advertisements
Advertisements
Question
The term "balance of trade" denotes the difference between the exports and imports of ______ in a country.
Options
Services
Invisible
Goods
None of these
MCQ
Fill in the Blanks
Solution
The term "balance of trade" denotes the difference between the exports and imports of goods in a country.
Explanation:
The net difference in import and export of all observable products between ordinary citizens of a country and the rest of the world is known as the balance of commerce.
shaalaa.com
Foreign Trade
Is there an error in this question or solution?
