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प्रश्न
Distinguish between balance of trade and balance on current account.
फरक स्पष्ट करा
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उत्तर
| Basis of Difference | Balance of Trade | Balance on Current Account | |
| 1. | Meaning | Record of visible transactions. | Record of the visible as well as invisible and unilateral transactions. |
| 2. | Components | Balance of exports and imports of all physical goods. | Balance of visible trade, invisible trade and unilateral transfers. |
| 3. | Nature of transactions | Records the transactions relating to physical goods. | Records the transactions relating to goods, services and unilateral transactions. |
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