Question
Balance of Payment and Balance of Trade
Answer :
Word Count : 159
| Balance of Trade | Balance of Payment | |
|---|---|---|
| Meaning | Balance of Trade is a statement that captures the country's export and import of goods with the remaining world. | Balance of Payment is a statement that keeps track of all economic transactions done by the country with the remaining world. |
| Records | Transactions related to ____ ___ _______ _________ _______ _________ _________ ____ ____ ____ ______. ___ ______ _________ ______ _____ _____ ____ ______ __________ __________. ________ __________ __________ _______ _____ _________ ______ __________ ___ ____. _______ _________ __________ ______ ___ __________ _________ _____ ________ __________. _______ _______ ____ _____ _____. ___ ____ ______ _______ ____ _______ _______ __________ ______ _______ ____ ________. __________ ________ _________ ________ ___ ___ ____ __________ ____ ________. ______ ______ _________ ___ _______ _________ _________ _________. ____ ________ __________ _____ ______ __________ ________. __________ _____ _________ __________ ______ __________ ___ ____ _____ __________ ___. _______. IGNOU ACADEMY Your IGNOU journey, made easier.
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