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  4. WAEC 1998
  5. Balance of trade is...

Balance of trade is said to be favourable when

Commerce
WAEC 1998
Balance of trade is said to be favourable when
  • A. visible imports exceed visible imports
  • B. invisible exports exceed visible imports
  • C. invisible imports exceed visible exports
  • D. visible exports exceed visible imports
  • E. visible exports exceed invinsible imports
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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
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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