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Which transactions determine the Balance of …

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Which transactions determine the Balance of Trade? When is Balance of Trade in Surplus?

    • Posted by Neha _ 6 years, 6 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Mann Shah 6 years, 6 months ago

    Exports and imports of visible items, goods which can be seen crossing the borders determine the balance of trade. The balance of trade is in surplus when exports exceeds the number of imports. Hope it will help!

    3Thank You

    ANSWER
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