Home » Classroom » JAMB Commerce 1994 Question

The difference between the total payments for i... - JAMB Commerce 1994 Question

The difference between the total payments for imports and the receipts from exports within a given period is referred to as
A
balance of payments
B
balance of trade
C
comparative cost advantage
D
comparative advantage
correct option: a
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses