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Balance of payment problems arise if a country's?

Commerce
JAMB 2011

Balance of payment problems arise if a country's?

  • A. exports is more than imports
  • B. imports is more than exports
  • C. currency devaluation
  • D. invisible exports is more than visible exports
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Correct Answer: Option B
Explanation

A country's balance of payment problems  arises when the value of its visible and invisible imports is greater than the value of exports

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Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
Your School's Whatsapp Group - Join Us now
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
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now