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A country’* balance of trade is unfavorable when-

+1 vote

asked Aug 25, 2018 in Class 12 by kratos

A country’* balance of trade is unfavorable when-

(a) Exports exceed imports (b) Imports exceed exports (c) Terms of trade become unfavourable (d) of these

international business
class-11
concept of international trade
class-10
class-12
globalization and the indian economy

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1 Answer

+1 vote

answered Jan 9, 2020 by kratos

Best answer

(b) Imports exceed exports

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