BALANCE OF PAYMENTS ACCOUNT-MEANING AND COMPONENTS

Which two transactions determine balance of trade ?
Or
Name the items included in balance of trade account.

When is there a deficit in the balance of trade ?
Or
What does a deficit in balance of trade account indicate ?

When will there be a surplus in balance of trade?

Define balance of payments. OR What is meant by Balance of Payments ? Or What does balance of payments account record ?

Define Balance of Accounts of Invisibles. [Delhi 2006C, 07]
Or

What is meant by Balance of Invisibles ?

Give the alternative name of Balance ofTrade ?