Question
Balance of trade and Balance of payment
Answer :
Word Count : 122
| Basis | Balance of Trade (BOT) | Balance of Payments (BOP) |
|---|---|---|
| Definition | It is the difference between the value of a country’s exports and imports of goods (merchandise) only. | It is a comprehensive ________ ________ ____ ____ ______. __________ ________ _______ __________ _______ ___ ________ ________ ____. ______ __________ _____ ________ ___ ____ ___ _________. _____ _______ _____ _____ ___ ______ _____ _____ ________ ___ __________ ______. _______ ________ ___ _________ ___ _______ ______ ____ _________. ____ ____ ______ _________ _______ ____. _________ _________ __________ ________ __________ ______. _____ ______ ____ __________ ___. _________ _______ __________ ____ _________ _________ ___ __________ ______. ________ _________ ___ ________ _____ ____. _____ ____ ____ _____ ______ _____. ______ _______ _____ ____ ________ ___. _________ ___ _________ ______ __________ ___. ____ ____ ______. IGNOU ACADEMY Your IGNOU journey, made easier.
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