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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
  • 3 answers

Khushi Sharma 1 year, 2 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 ).

Rashika Yadav 1 year, 2 months ago

2 true

Rashika Yadav 1 year, 2 months ago

1 false
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