Question

if the country's export is greater than its import, then country is having unfavorable balance in trade.(true/false). explain​

Answer 1

Answer:

The balance of trade is the value of a country's exports minus its imports. It's the biggest component of the balance of payments that measures all international transactions. It's easy to measure since all goods and many services pass through the customs office.

Explanation:

it is important to obtain regularity in imports and exports

have more imports should cause unfavorable balance

thanks

so its true