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Differentiate between favourable balance of trade and unfavourable balance of trade.

Differentiate between favourable balance of trade and unfavourable balance of trade.

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gideon
Favourable balance of trade is when exports are higher than imports, while unfavourable
balance of trade is when the imports are higher than the exports.
gideon1 answered the question on October 16, 2017 at 07:50

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