Question

What is balance trade?

Answer 1

hey....your answer:-

The balance of trade is the difference between the value of a country's imports and exports for a given period. The balance of trade is the largest component of a country's balance of payments. Economists use the BOT to measure the relative strength of a country's economy.

Answer 2

The balance trade is the difference between the value of a country's import or export for a given period. It is the largest component of a country's balance of payment.

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