The extract from a country’s balance of payments account is shown below.

Item Import ($ million) Export ($ million)
Agricultural products ------ 200
Mineral products ----- 300
Consumer goods 250 ----
Capital goods 400 ----
Insurance 50 25
Banking 75 30
Transportation 85 25
Loans 150 60

Using the table above, calculate the:
(a) Balance of trade;
(b) Invisible trade balance;
(c) Balance on current account.

 

Download Offline App Ask a Question

Explanation

Video Explanation

No video available

Post your Contribution

Share:

Discussions (3)

Chatlie
4 years ago
Image

This was confusing use this

Chatlie
4 years ago
Image

Use this

Quick Questions

Ask a Question
CO

ceoofwahala

20th June, 2026

Chemistry


2 comments

ASSAAS

20th June, 2026

English Language


5 comments

infinitehoaxx

21st May, 2026

Computer


4 comments