Which of the following are not included in balance of trade?

All of these

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Borrowing from rest of the world

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Expenditure by the tourists

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Payment of interest and dividend

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Solution

The correct option is A
All of these

None of the above are visible items. Hence, they are not included in the balance of trade.

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Similar questions

Consider the following statements: -

1. National disposable income includes Net National Product at Market prices only.

2. GDP is a measure of National Income/ National output and National expenditure produced in a particular country.

3. GNP includes the value of all goods and services produced by nationals whether in the country a abroad.

4. GNP does not include dividends and interest from abroad in Income.

Which of the above statements is are correct?

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