The relationship between all imports and exports of a country is known as
terms of trade
balance of trade
balance of payment
terms of payment
Correct answer is B
Balance of trade is the difference in value between a country's imports and exports.
Logical Reasoning Questions and Answers
Personality Test
Puzzles Questions and Answers
Nigeria General Knowledge Questions and Answers
Numerical Reasoning Questions and Answers
Abstract Reasoning Questions and Answers
Situational Judgement Questions and Answers
Data Interpretation Questions and Answers
Spatial Reasoning Questions and Answers
Quantitative Reasoning Questions and Answers
Microsoft Office Questions and Answers
Verbal Reasoning Questions and Answers
Typing Speed and Accuracy Test
See all →