Column I | Column II | ||
A. | Visible Exports > Visible Imports | 1. | Balance of trade |
B. | Visible Exports = Visible Imports | 2. | Surplus in balance of trade |
C. | Visible Exports < Visible Imports | 3. | Balance in balance of trade |
D. | Visible Exports - Visible Imports | 4. | Deficit in balance of trade |
A) A - 2, B - 3, C - 4, D - 1
B) A - 1, B - 2, C - 3, D - 4
C) A - 3, B - 4, C - 1, D - 2
D) A - 4, B - 2, C - 1, D - 3
Correct Answer: A
Solution :
[a] A - 2, B - 3, C - 4, D - 1You need to login to perform this action.
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