Economy, asked by dinkarroy43, 3 months ago

the different between the export and import of services is called​

Answers

Answered by innocentmunda07
7

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Explanation:

BALANCE OF TRADE: The difference between the value of goods and services exported out of a country and the value of goods and services imported into the country. ... The balance of trade can be a “favorable” surplus (exports exceed imports) or an “unfavorable” deficit (imports exceed exports).

Answered by nishantvipdp
5

\huge(Answer)

☞the different between the export and import of services is called BALANCE OF TRADE .

Explanation:

The difference between the value of goods and services exported out of a country and the value of goods and services imported into the country. ... The balance of trade can be a “favorable” surplus (exports exceed imports) or an “unfavorable” deficit (imports exceed exports).

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