Economy, asked by sharjeelurrehman666, 1 month ago

how can unfavourable balance of payment become favourable​

Answers

Answered by Anonymous
18

Answer:

A favorable balance of trade is known as a trade surplus and consists of exporting more than is imported; an unfavorable balance of trade is known as a trade deficit or, informally, a trade gap. When there is an excess of exports over imports, it is called favourable balance of trade.

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Answered by HiddenHive
15

Answer:

hope that helps

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