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What does the Balance of Trade (BoT) specifically include?
  • a)
    All international transactions
  • b)
    Trade in goods only
  • c)
    Trade in services only
  • d)
    Capital account transactions
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What does the Balance of Trade (BoT) specifically include?a)All intern...
The Balance of Trade (BoT) specifically includes the balance of trade in goods, which represents the difference between a country's exports and imports of physical goods.
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What does the Balance of Trade (BoT) specifically include?a)All international transactionsb)Trade in goods onlyc)Trade in services onlyd)Capital account transactionsCorrect answer is option 'B'. Can you explain this answer?
Question Description
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