Banking General Awareness Industry, Trade and International Organisation Question Bank Industry, Trade and International Organisation

  • question_answer
    The balance of trade is given by

    A)  income receipts minus income payments on investments

    B)  the balance of unilateral transfers

    C)  merchandise exports plus service exports minus the sum of merchandise and service imports

    D)  merchandise exports minus merchandise imports

    E)  the balance on current account

    Correct Answer: E


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