An unfavourable balance of trade for a country means that her?

An unfavourable balance of trade for a country means that her?

  • A.
    imports exceed exports
  • B.
    visible exports exceed invisible import
  • C.
    invisible exports exceed visible exports
  • D.
    imports and exports are equal
Correct Answer: Option A
Explanation

A country experiences an unfavorable balance of trade if its imports are more than its exports, that is the value of imports exceeds the value of exports.

You May Also Like