CBSE 2021 Class 12 Economics Term 1 Paper
© examsiri.com
Question : 2 of 60
Marks:
+1,
-0
Exports and Imports of which of the following items will be a component of 'Balance of Trade'?
(Choose the correct alternative)
(Choose the correct alternative)
Solution:
(c) Merchandise
Explanation: Export and import of merchandise is the component of balance of trade. BOT represents the difference between the export and import of visible items of trade.
Explanation: Export and import of merchandise is the component of balance of trade. BOT represents the difference between the export and import of visible items of trade.
© examsiri.com
Go to Question: