If a country has a balance of payments surplus ... - JAMB Economics 1998 Question
If a country has a balance of payments surplus on current account, this means that?
A
total invisible export is greater than invisible import
B
the value of goods exported must be greater than the value of goods imported
C
there must be a positive balance of capital account
D
the aggregate of the balance of trade and the invisible balance must be positive
correct option: d
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