Question

tell the types of balance of trade​

Answer 1

Explanation:

Favourable Balance of Trade: The situation, wherein country's exports exceed imports is a situation of favourable or surplus balance of trade.

Unfavourable/Deficit Balance of Trade: ADVERTISEMENTS: ...

Equilibrium in Balance of Trade: ADVERTISEMENTS:

Answer 2

Answer:

Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period. ... The balance of trade is also referred to as the trade balance, the international trade balance, commercial balance, or the net exports.