The difference between the value of good(s) and services exported and imported by a country is the measure of
A. Balance of payment
B. Balance of trade
C. Services account
D. None of the above
Answer: Option B
A. Balance of payment
B. Balance of trade
C. Services account
D. None of the above
Answer: Option B
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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