_________ is defined as the net difference between export and import of goods.
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Balance of trade is defined as the net difference between export and import of goods.
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- 1View SolutionBoP account reflects the growth potential of the economy. (True/ False)
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- 3View SolutionA balance of payment transaction undertaken to cover deficit or surplus in autonomous transactions are called_________.
- 4View SolutionCurrency _______ means decrease in the value of domestic currency in terms of foreign currency.
- 5View Solution______ always balance in accounting sense.
- 6View SolutionFill in the blank with the correct answer.
________ is one of the most important sources of demand for foreign currency. - 7View Solution_______ includes net receipt obtain from the sale of share in public sector undertakings.