Balance of payment problems arise if a country’s?

Commerce JAMB 2011

Balance of payment problems arise if a country’s?

  • exports is more than imports
  • imports is more than exports checkmark
  • currency devaluation
  • invisible exports is more than visible exports

The correct answer is: B

Explanation

A country's balance of payment problems  arises when the value of its visible and invisible imports is greater than the value of exports

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