Assertion (A) Balance of trade never shows negative balance or unfavourable balance.
Reason (R) Export and import of goods and services is known as balance of trade.
1
Both (A) and (R) are true, but (R) is the not correct explanation of (A)
2
(A) is correct, but (R) is false
3
(R) is correct, but (A) is false
4
Both (A) and (R) are false