Answer :
Net exports are positive when foreign trade revenue exceeds payments, i.e., when exports exceed imports.
What exactly does payment imply?
Payment is defined as the transition of money, products, or assistance in exchange for products or services in ’s allowance did agree upon by all involved parties. It is possible to pay in the form of exchanged services, cash, verify, wire transfer, line of credit, debit card, or cryptocurrency.
What are the different types of payments?
Payment Type refers to the Payment Method specified as the "Payment Type" in a Schedule.
Options for Payment
- Cash.
- Checks.
- Credit cards and debit cards
- Payments via mobile device.
- Bank transfers via electronic means
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