A country's balance of payment is deficit when

a

a country's payment for imports of visible goods are greater than her receipts from exports of visible goods

b

the total receipts from her exports of visible and invisible goods are greater than her payments for visible and invisible imports

c

it can record a surplus on current account of her balance of payment accounts

d

the total payment for visible and invisible imports are greater than the total receipts from her exports of visible and invisible goods

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Correct Option
d

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Discussions (7)

olabisi4064
9 years ago

number 39 is D nt C

D is the correct option

ayomide balogun
11 years ago

admin pls mark dis papers correctly now.D ansa shld be D nt C

Chuks612
9 years ago

D should be the correct answer.

Myschool Kelly
9 years ago

Correction has been made. Thanks for your contributions.

Gbabygifted
12 years ago

D is d correct answer and nt C

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