Which transactions determine the ‘balance of trade’? When is balance of trade in surplus?

      

Which transactions determine the ‘balance of trade’? When is balance of trade in surplus?

  

Answers


marlyne
Balance of trade records the exports and imports of goods.
When the value of exports of goods is greater than the value of imports of goods,
BoT is in surplus.
marlinbito answered the question on May 12, 2018 at 13:10


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