E
Ex-muso
Member
The definition of Balance of Trade from various sources including the textbook and the notes is:
Goods and services: exports less imports
In the examiners report for Sept 2011 Q36, the answer appears to included only the goods and not the services. Can anyone explain?
I'm fully expecting to be shot down in flames and wonder how on earth I could have been so tired and missed something so obvious...
Thanks
Goods and services: exports less imports
In the examiners report for Sept 2011 Q36, the answer appears to included only the goods and not the services. Can anyone explain?
I'm fully expecting to be shot down in flames and wonder how on earth I could have been so tired and missed something so obvious...
Thanks