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Commerce · Q459

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 459

Q459

Which one of the following is true statement?

A.
A balance of trade deals with export and import of invisible items only
B.
A balance of payment deals with both visible and invisible items
Answer
C.
The current account is not a component of balance of payment
D.
All of the above

Answer: Option B

Solution

Answer: Option B
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