Question

write answer in short: (2) explain the difference in type of balance of trade?

Answer 1

It build with the number of the advance balance trade and it has been explained detail from the below.

Then balance of trade constitutes import and export of good provides additional support .

It has different type such as the export and import, visible goods, material goods.

When it comes to the balance trade which provide equal income for the business and selling the material with no risk and trouble of it.

Answer 2

I hope this helps you