The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name? Option 1: Balance of Trade Option 2: Balance of Payment Option 3: Capital Account Deficit Option 4: Net Invisibles.

The answer is 'Balance of Trade'. View full solution:

CUET Economics - The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name? | PYQs + Solutions

CUET Economics 2025 13 May Shift 1

Macro

Easy

Balance of Trade

Balance of Payment

Capital Account Deficit

Net Invisibles.

✅ Correct Option: 1

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List - I | List - II

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