Trade Balance of a country is equal to ____________________.

balance of export and import of goods

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balance of payments + net Invisibilities

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balance of payments minus net invisibilities

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export minus import

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Solution

The correct option is A balance of export and import of goods
The trade balance of a country is a part of the balance of payments account of a country. Its is the part of the current account and it keeps track of only the visible imports and exports of the country.

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Trade Balance of a country is equal to ____________________.

The correct option is A balance of export and import of goodsThe trade balance of a country is a part of the balance of payments account of a country. Its is the part of the current account and it keeps track of only the visible imports and exports of the country.

The correct option is A balance of export and import of goods
The trade balance of a country is a part of the balance of payments account of a country. Its is the part of the current account and it keeps track of only the visible imports and exports of the country.