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Balance of trade can be define as

Balance of trade can be define as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The value of import in relation to the value of a country's exports
  • B The price ratio of imports as against that of exports
  • C Equality in the total receipts and payments of a country in a year
  • D Percentage value of imports over percentage value of exports
  • E Price of exports versus price of imports
Correct Answer: Option A
Explanation:

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