Question : _________ refers to difference between the amount of exports and imports of goods.
Option 1: Balance of payment
Option 2: Balance of trade
Option 3: Accommodating items
Option 4: Autonomous items.
Answer (1)
12th Jan, 2024
Correct Answer:
Balance of trade
Solution :
Balance of trade refers to difference between the amount of exports and imports of goods.
Hence, Option B is correct.
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