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An unfavourable balance of trade for a country means that her?

Accounts - Principles of Accounts
WAEC 2003

An unfavourable balance of trade for a country means that her?

  • A. imports exceed exports
  • B. visible exports exceed invisible import
  • C. invisible exports exceed visible exports
  • D. imports and exports are equal
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Correct Answer: Option A
Explanation

A country experiences an unfavorable balance of trade if its imports are more than its exports, that is the value of imports exceeds the value of exports.

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