Balance of Trade – Import Export | Foreign exchange and trade | MacroeconomicsNovember 9, 2021
This video is about balance of trade and balance of payment, how it affects a country’s economy. Current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports.
The export import department of any nation are the main components of international trade. Trade balance economics is essential to understand in order to answer the question ” what is balance of trade”.
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