A country’s balance of payment is deficit when
- a country's payment for imports of visible goods are greater than her receipts from exports of visible goods
- the total receipts from her exports of visible and invisible goods are greater than her payments for visible and invisible imports
- it can record a surplus on current account of her balance of payment accounts
-
the total payment for visible and invisible imports are greater than the total receipts from her exports of visible and invisible goods
The correct answer is: D
Explanation
A balance of payments deficit means the country imports more goods, services, and capital than they export. These goods and services could be visible or invisible.