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Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsOpen Economy Macroeconomics1 Mark
Question
What is ‘trade balance’?
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Answer

BOT, also called 'trade balance' is the difference between the value of export of goods and import of goods.

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