The difference between visible exports and invisible exports of a country, in money terms, is…

The difference between visible exports and invisible exports of a country, in money terms, is known as the?
  • A.
    Balance of trade
  • B.
    Balance of payments
  • C.
    Terms of trade
  • D.
    Foreign reserves
  • E.
    Special drawing right
Correct Answer: Option B
Explanation
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