WBCS.LIVE practice question

Balance of Trade is the difference between-

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Country’s Income and Expense
  2. Country’s Exports and Imports
  3. Country’s tax Revenus and Expense
  4. Country’s capital inflow and outflow

Correct answer and explanation

Correct answer: Country’s Exports and Imports