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A summary of all the receipts and payments of a country in international transaction is...

Economics
WAEC 2007
A summary of all the receipts and payments of a country in international transaction is called
  • A. terms of trade
  • B. balance of payment
  • C. balance of payment adjustment
  • D. capital account
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Correct Answer: Option B
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076