draw the balance of trade in the year 2013.
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The balance of trade is the value of a country's exports minus its imports. It's the most significant component of the current account. That also makes it the biggest component of the balance of payments that measures all international transactions.
The trade balance is the easiest component to measure. All goods and many services must pass through the customs office.
The current account measures a country's net income earned on international assets. The current account also includes trade balance plus any other payments across borders.
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The trade balance is the easiest component to measure. All goods and many services must pass through the customs office.
The current account measures a country's net income earned on international assets. The current account also includes trade balance plus any other payments across borders.
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Please mark it brainiest answer
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