Question

short note and favourable balance of trade​

Answer 1

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Favourable trade balance implies when exports of a country are more than imports, that is the value of exports are more than its value of imports in a particular period of time. ... unfavorable If imports and more than exports it amounts to trade deficit.

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Answer 2

Answer:

Favourable trade balance implies when exports of a country are more than imports, that is the value of exports are more than its value of imports in a particular period of time. ... unfavorable If imports and more than exports it amounts to trade deficit.

Explanation:

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