Instri Differentiate between Balance of trade account and Balance on – InterviewSolution

InterviewSolution

1.	Instri Differentiate between Balance of trade account and Balance on Current Ac-count.Refer Unit 10 Long Ans Tyne No 9Q. 1
Answer» Balance on trade its just show IMPORT export of only visible trade (X-M) CURRENT Ac Show All Economic Transactions Of Import & Export Of Visible Trade & INVISIBLE Trade. It's Also show current transfer (GIFT & Grant from/to abroad)

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