Question

(Explain the balance of trade in India with respect to the commodities exported to and imported from India.)
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Answer 1

Answer:

Balance of trade means the value of import and export percentage of a country

It is of two type.:

1. Favourable balance of trade: It means that when the value of export increases than the value of imports then it is called the favourable balance of trade.
2. Unfavorable balance of trade: It means that when value of import exceeds the value of export then it is called the unfavorable balance of trade

Answer 2

Answer:

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Explanation:

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