8. Which accounting statement shows the value of
invisible as well as visible exports and imports ?
(a) Balance of trade
(b) Budget
(c) Balance of payment
(d) Capital account
Answers
Answered by
0
Answer:
No, if deficit in current account is offset by the capital account, otherwise such deficit has to be met by following which is a cause for alarm.
Depleting Foreign Exchange reserves
Taking foreign Loans.
Answered by
2
Answer:
balance of payment because in balance of payment both the import and export of visible goods is shown
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