The difference between the total payments for imports and the receipts from exports within a…

Home » Past Questions » Commerce » Jamb » 1994 » The difference between the total payments for imports and the receipts from exports within a…
Commerce JAMB 1994

The difference between the total payments for imports and the receipts from exports within a given period is referred to as

  • balance of payments checkmark
  • balance of trade
  • comparative cost advantage
  • comparative advantage

The correct answer is: A

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment