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A country’s visible balance of payment is made up of

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Commerce JAMB 2022

A country’s visible balance of payment is made up of

  • interest on loans to foreign countries
  • profit from investment abroad
  • earnings from goods exported checkmark
  • dividend earned from companies

The correct answer is: C

Explanation

A country's visible balance of payment is made up of earnings from goods exported. The balance of payment transactions consist of imports and exports of goods, services, and capital, as well as as transfer payment, such as foreign aid and remittances.

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