Question

choose the right option
statements incorrect in relation to the balance of trade
a)it is also referred to as international trade balance
b)trade surplus arises when export value is greater than import value
c)trade deficit takes place when import value is greater than the export value
d)balance of trade includes the value of imports and exports of visible goods only
options: 1)only d 2)only a 3)b,c,d 4)a,b,c

Answer 1

Answer:

2) only a I think dear ☺️

check it dear