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Balance of Trade (bot) Cheah Sin Yee, 15WBR08857 [1472 words] Balance of trade (BOT) is defined as the difference between a country’s export and its import in value of goods and services. When the value of imports is greater than the value of exports, it has an unfavorable balance of trade, called a trade deficit. It represents.
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Balance Of TradeCountry’S ExportExcess Of Domestic InvestmentGlobal Trade Deficit