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What is meant by balance of Trade?

+3 votes

asked Sep 10, 2018 in Class 12 by kratos

What is meant by balance of Trade?

class-12
world international trade
balance of payments

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1 Answer

+5 votes

answered Jun 23, 2020 by kratos

Best answer

The difference between the value of import and value of export is called balance of trade.

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