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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
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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