The difference between visible exports and invisible exports of a country, in money terms, is known as the?

a

Balance of trade

b

Balance of payments

c

Terms of trade

d

Foreign reserves

e

Special drawing right

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Correct Option
b

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Discussions (7)

DiddyKong
1 year ago

correct answer should be balance of trade cos BOP has to do with the relationship

Dayox
1 month ago

Balance of trade instead of balance of payment

Elohimgodisgood
2 months ago

it should be BOT because BOP deals with export and import

Dayox
1 month ago

Balance of trade wrong answer

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