". . . . . . . . is a statement showing a country's commercial transaction with the rest of the world. It shows inflow and outflow of foreign exchange. It is divided into current and capital accounts. The former records the transaction in goods and services."
A. Foreign direct investment
B. Balance of Payment
C. Movement of foreign exchange
D. International commitments
Answer: Option B
Related Questions on Foreign Trade Policy
A. Importing
B. Exporting
C. Franchising
D. Joint Ventur
Foreign trade helps each country to make . . . . . . . . use of its natural resources.
A. optimal
B. loss
C. better
D. none of these
The effects of foreign trade on the domestic economy maybe at
A. Micro level
B. Macro level
C. Both A and B
D. Neither A nor B
A. Chief controller of Imports and Exports
B. Director General of Foreign Trade
C. Director General of Commercial Intelligence
D. Chief Controller of Foreign Trade

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