A country's balance of payments is in deficit when

 

a

a country's payments for imports of invisible goods are greater than her receipts from exports of invisible goods

b

the total receipts from her export of visible and invisible goods are greater than her payments for visible and invisible imports

c

the total payments for visible and invisible imports are greater than the total receipts from her exports of visible and invisible goods

d

It can record a surplus on current account of her balance of payments accounts

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Correct Option
c

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