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The difference between the value of imports of goods for a particular year is known...

Commerce
WAEC 1992
The difference between the value of imports of goods for a particular year is known as?
  • A. balance of payment
  • B. balance sheet
  • C. balance of trade
  • D. terms of trade
  • E. terms of payment
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now