Balance of payment surplus implies that receipts for exports are

a

at par with payments for imports

b

greater than payment for imports

c

less than payment for imports

d

proportional to payments for imports

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b

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the correct answer is b because it is said to be balance when the receipt for export is equal to payment for import so when there is surplus in receipt of export it implies that export is greater than import in that case there is surplus in receipt

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