In international trade, when payments of a country are higher than the receipts, then the...

Economics

NECO 2004

In international trade, when payments of a country are higher than the receipts, then the balance of payment is

A. favourable
B. in equilibrium
C. perfect
D. unfavourable
E. uniform

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Correct Answer: Option D

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In international trade, when payments of a country are higher than the receipts, then the...

Correct Answer: Option D

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