If the value of exports is more than the

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Target Exam

CUET

Subject

Geography

Chapter

Fundamentals of Human Geography: International Trade

Question:

If the value of exports is more than the value of imports, the balance of trade will be ?

Options:

Negative

Unfavourable

Favourable

Neutral

Correct Answer:

Favourable

Explanation:

If the value of exports is more than the value of imports, then the country has a positive or favourable balance of trade.