A country has a surplus in its balance of visible trade if

the value of imports exceeds the value of exports of goods

the value of exports exceeds the value of import of goods

the value of goods exported is equal to the value of goods imported

it is able to spend a lot on capital programmes

commercial banks assets increase

Correct Option

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10 years ago

6 years ago

i selected option b for a question but it is showing that i chose c

6 years ago

Yes, A country have a surplus or a favourable balance of trade when the value of export exceed that of import. B is correct

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