A country s balance of payment is deficit when - WAEC Economics 2010 Question
A country's balance of payment is deficit when
A
a country's payment for imports of visible goods are greater than her receipts from exports of visible goods
B
the total receipts from her exports of visible and invisible goods are greater than her payments for visible and invisible imports
C
it can record a surplus on current account of her balance of payment accounts
D
the total payment for visible and invisible imports are greater than the total receipts from her exports of visible and invisible goods
correct option: d
Please share this, thanks:
Add your answer
No responses