Balance of trade on current account is said to be favourable if (a) the value of invisible

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Balance of trade on current account is said to be favourable if

(a) the value of invisible and visible exports exceed the value of imports of these two items.

(b) the value of visible and invisible exports and unrequited incomes exceeds the value of imports of these three items.

(c) the value of visible exports exceeds the value of visible imports.

(d) the value of invisible exports exceeds the value of invisible imports.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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Question Posted: Nov 15, 2024 06:00 AM

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Balance of trade on current account is said to be favourable if (a) the value of invisible

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Macroeconomics

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