Question
Balance of Trade and Balance of Payments
Answer :
Word Count : 182
| Feature | Balance of Trade (BoT) | Balance of Payments (BoP) |
|---|---|---|
| Definition | The difference between the value of a country’s exports and imports of goods over a period. | A comprehensive record of all economic transactions between residents of a country and the rest of the world, including ________ _____ ______ __________ __________ __________ ______ _______ ________ ______ ___ _____. _______ _________ _______ ______ ___ ______ _________ ______ __________ ___ _______. _____ ______ _________ _____ ____ _________ __________ _________ _________. ___ ____ ___ ____ __________ _________ ____ _____ _________ ______ ____. ______ _______ ______ ___ _____ ___ ________ _______. _______ __________ __________ ________ ___ _____ ________ _____ _____ ________ ___ ___. ____ ______ _____ ____ __________. ___ _______ ______ _____ _______. ___ ________ _______ _______ ______ _____ ___ __________ ______ ___ ____. _______ ______ _______ __________ ___ _______ ______ ____ ______ ______. ________ ____ ___ ____ ______ _____ ________ ________ ______. ______ _______ ______ ____ __________. ________ ____ __________ ________ _________ ____ __________ __________ ______ ______ _______. _______ _________ _____ _____ _______ ________ ___ ________ _____ ________ ________. ______ ________ _________ __________ ______ ________. ________ ________ ______ ________ _______ ____. IGNOU ACADEMY Your IGNOU journey, made easier.
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