Math, asked by krishsingh56, 6 months ago

Define balance of trade

Answers

Answered by khushisemra0881

The difference between exports and imports is called balance of trade.

Answered by Anonymous

The balance of trade, commercial balance, or net exports, is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services.

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