Economy, asked by ranuojha15, 1 year ago

what is the favourable balance of trade

Answers

Answered by shashanksen16

if export and import is in same ratio then trade is called balanced trade.

Sachank: When export is more than importance it is known as favourable balance of trade

Sachank: Instead of importance it's import

ranuojha15: ok

Answered by shreyachauhan

A status when a country or nation attain more exported goods than it has of imported goods is called favourable balance of trade

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