Balance of payment surplus implies that the value of the ...
Balance of payment surplus implies that the value of the country’s
Exports exceeds its imports
Imports exceed its exports
Exports is equal to its imports
Terms of trade is constant
Correct answer is A
Balance of payment surplus means that a country's value of exports exceeds the value of its imports.
A firm faces diminishing returns when its ...
Economics is regarded as a science because ...
The additional satisfaction derived from the consumption of one more unit of a good is called ...
A good measure of the standard of living usually used for international comparison is______ ...
To enhance the competitiveness of domestic agricultural products, there is need to ...
From the graph below, Point "E" shows-------------- ...
If two commodities are unrelated, a change in the price of one will___________ ...