The difference between the value of exports and the value of imports of goods of a country in a given period of time is called? Option 1: Balance of Invisibles Option 2: Balance of Payments Option 3: Capital Account Option 4: Balance of Trade

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 called? | PYQs + Solutions

CUET Economics 2026 13th May Shift 1

Macro

Easy

Balance of Invisibles

Balance of Payments

Capital Account

Balance of Trade

✅ Correct Option: 4