English

When the import and export of visible items are equal, the situation is known as ______. -

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Question

When the import and export of visible items are equal, the situation is known as ______.

Options

  • Balance of Trade

  • Balance of Payment

  • Trade Surplus

  • Trade Deficit

MCQ
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Solution

When the import and export of visible items are equal, the situation is known as Balance of Trade.

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Balance of Trade
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