The total value of goods and services sold and bought in a country across its border during a given period, usually a year is known as

Titilayo3491

9 years ago

wrong.....it balance of trade.

balance of payment is d relationship btwen d sum total of a country's total payment 4 her import and receipt 4 her export....d ans is balance of trade.

check economics essential textbk

Alex0vi0

2 years ago

Export and import = terms of trade

sold and bought= balance of trade

payment and receipt= balance of payment

rate of exporr and import also equals terms of trade

nwamakaokereke48

1 year ago

the answer is balance of trade and not payment because balance of trade is the total value of goods sold and bought by a country during a given period usually a year

o_y_e_b_a_d_e_j_o_2

3 years ago

Economics

tihamiazeezat

5 years ago

The answer is D

olaleyecharles

12 years ago

Yea,dat's true