Which two transactions determine Balance of Trade?
Download our app for free and get startedPlay store
Two transactions which determine Balance of Trade are:
  1. Export of goods.
  2. Import of goods.
art

Download our app
and get started for free

Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*

Similar Questions

  • 1
    Define flexible exchange rate system.
    View Solution
  • 2
    If the value of export of goods of a country is ₹ 1,000 crores and the value of import of goods is ₹ 1,200 crores, how much will be the trade balance (or balance of trade)?
    View Solution
  • 3
    What does deficit in a current account indicate?
    View Solution
  • 4
    Giving reasons, state whether the following statements are true or false:
    Both depreciation and devaluation of domestic currency have the same meaning.
    View Solution
  • 5
    Define accommodating transactions in Bop.
    View Solution
  • 6
    What is fixed exchange rate system?
    View Solution
  • 7
    Should a current account deficit be a cause for alarm? Explain.
    View Solution
  • 8
    What does a change from represent?
    View Solution
  • 9
    Name the items included in balance of trade account.
    View Solution
  • 10
    The price of 1 UK Pound has increased from ₹ 70 to ₹ 80. Has the Indian currency appreciated or depreciated?
    View Solution