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State whether the following statements are …

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State whether the following statements are true and false.give reason for your answer. 1. Difference between value of export and import of good and service are called balance of trade 2. External assistance is not record in balance of payments

Posted by Khushi Sharma 1 year, 10 months ago

CBSE > Class 12 > Economics

3 answers

Khushi Sharma 1 year, 10 months ago

1false (because it's a import and export of goods not a service).2 false(because borrowing from rest of the world=credit side in capital account ).

1Thank You

Rashika Yadav 1 year, 10 months ago

2 true

0Thank You

Rashika Yadav 1 year, 10 months ago

1 false

1Thank You

ANSWER

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Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Jaya Anand 4 months, 2 weeks ago

CBSE > Class 12 > Economics