The difference between a country's imports and exports of goods in a particular year is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option A
Explanation:
Balance of trade is the difference between the value of a country's visible exports and visible imports during a particular period, usually one year. It shows whether the country has a trade surplus or a trade deficit.
Balance of trade is the difference between the value of a country's visible exports and visible imports during a particular period, usually one year. It shows whether the country has a trade surplus or a trade deficit.