Can a nation have a favourable balance of trade and an unfavourable balance of payments? Why or

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Can a nation have a favourable balance of trade and an unfavourable balance of payments? Why or why not?

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Contemporary Business

ISBN: 9781118161739

1st Canadian Edition

Authors: Louis E. Boone, Micheal H. Khan, DAvid L. Kurtz, Brahm M. Canzer

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Question Posted: Dec 07, 2015 06:40 AM

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Can a nation have a favourable balance of trade and an unfavourable balance of payments? Why or

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Yes Balance of trade is the difference between exports a...View the full answer

Contemporary Business

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