Question

Explain:Types of Balance trades.​

Answer 1

Answer:

the situation wherein country's exports exceed imports in situation of favourable or surplus balance of trade ..

(the excess of the total value of goods important over the total value of exported is term is unfavorable or adverse , deficit balance of trade)

Answer 2

The situation, wherein country's exports exceed imports is a situation of favourable or surplus balance of trade. 2. Unfavourable/Deficit Balance of Trade: ... Excess of total value of goods, imported over the total value of goods exported is termed as unfavourable or adverse or deficit balance of trade.



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