Economy, asked by Emily408, 1 year ago

Balance of trade and it role in economic development

Answers

Answered by Hooda268333
0
balance of trade is the difference between export and import.
BOT= Export - Import
It play very important role in economic development. With the help of this a country can find that the difference between export and import is more or less. through it a country can find that a country is in lose or in gain. If export is more than a country become in gain or import is more than a country become in lose
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