V

Vinay • 28.75K Points
Instructor II

Q. If the value of exports for a country is $35,500,000 and the value of imports is $35,000,000, the balance of trade can be described as

(A) in surplus but unfavorable
(B) showing a gain in real goods but in deficit
(C) in deficit and favorable
(D) in surplus, favorable and +$500,000

Correct Answer - Option(D)

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