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Commerce · Q177

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 177

Q177

Balance of Trade of a country is equivalent to:

A.
difference between the Inward and Outward remittances made in foreign exchange
B.
surplus generated shown in a Trading Account
C.
difference between exports and imports
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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