Question 13 of 29
Q.Balance of Payment includes :
(a) Merchandise trade only
(b) Visible items only
(c) Invisible items only
(d) Both visible and invisible items
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2020MCQ· 1mImportance★★★★★
45% · 13/29 Questions
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Start your 14-day free trial to unlock the full solution →Balance of payments includes both visible and invisible items.
The Balance of Payments (BoP) is a systematic record of all economic transactions between the residents of a country and the rest of the world during a year. It covers:
- Visible items — exports and imports of physical goods (merchandise trade). …
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