Visible balance is also known as
...Visible balance is also known as
Terms of trade
Balance of payments
Balance of trade
Capital balance
Correct answer is C
The visible trade balance is that part of the balance of trade figures that refers to international trade in physical goods, but not trade in services. It is also known as balance of payment in the current account balance.
A firm achieves least cost in production by substituting factors until ...
If commodity X is a by-product of commodity Y, this implies that both commodities are ...
Which of the following sets fully represents factors of production? ...
The gap between demand and supply curve below the equilibrium price indicates ...
The percentage contribution of Agricultural sector is ...
Multiplier can be described as ...
One disadvantage of trade by barter is that ...