Balance of trade involves the exchange of
...Balance of trade involves the exchange of
Goods only
Services only
Goods and services
Goods and capital
Correct answer is C
Balance of trade is the difference between the value of a country's exports and the value of its imports. These exports and imports include both goods and services.
Which is an example of an invisible item in the trade Account of Ghana? ...
Which of the following does not apply to private companies? ...
Which of the following is likely to hinder labour mobility in Nigeria? ...
Producers operating in a free market economy are more efficient as a resulf of? ...
The price level and the value of money are ...
In the diagram above, profit is maximized at 1 the output level ...
Which of the following is not a negative effect of inflation ...