Practicing Success

Target Exam

CUET

Subject

Geography

Chapter

Fundamentals of Human Geography: International Trade

Question:

Which of the following records the volume of goods and services imported as well as exported by a country to other countries ?

Options:

Balance of Payment

Favourable trade

Balance of Trade

Unfavourable trade

Correct Answer:

Balance of Trade

Explanation:

Balance of trade records the volume of goods and services imported as well as exported by a country to other countries.