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BT
Question Practice

Which of the following best describes 'balance of trade'?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Business, Trade and Commerce
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00064318

Which of the following best describes 'balance of trade'?

1

The measure of a country's wealth

2

The difference between exports and imports

3

The amount of foreign currency reserves

4

The total global trade volume

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