When the value of a country’s export exceeds her imports, there will be a

a

deficit current account

b

excess visible imports only

c

favorable balance of trade

d

favourable capital account

e

surplus current account

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Correct Option
c

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Discussions (2)

Tblaqofficial
2 years ago

i think the answer is wrong because we are talking about the value of export exceeding import so it is suppose to be surplus in current account

Paulosunday
4 years ago

Report that the selected answer is wrong

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