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A country is said to be experiencing an unfavorable balance of trade if her

Commerce
JAMB 2013

A country is said to be experiencing an unfavorable balance of trade if her

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

when the value of its imports exceed exports.

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Post UTME Past Questions Agent
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 Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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