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Difference between trade account and current …

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Difference between trade account and current account
  • 1 answers

Yogita Ingle 6 years, 11 months ago

Balance of Trade Current Account Balance
It is a difference between exports and imports of goods. It is net value of balances of visible and of invisible trade of unilalerel transfer
Balance of Trade Includes only visible Items Current account records both visible and invisible Items
It is a narrow concepts means it is only a part of current account balance. II is a wider concept and It Includes balance of trades.

 

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