If the Income flow of a country exceeds the expenditure flow in international transactions, the...

Economics

NECO 2007

If the Income flow of a country exceeds the expenditure flow in international transactions, the balance of payment is

A. balanced
B. deficit
C. restricted
D. surplus

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Correct Answer: Option D

Explanation

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If the Income flow of a country exceeds the expenditure flow in international transactions, the...

Correct Answer: Option D

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