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.
Which of the following could be used to measure the efficiency of labour? ...
Which of the following is the most liquid asset? ...
If a business' total economic cost of producing 10,000 units of a product is N750,000 and this o...
Production in Economics occurs when ...
A surplus in the balance of payment should be used to ...
Branding and packaging of goods is the function of ...
The demand for money will fall if ...
Depreciation = $40,000 Gross Domestic Product = $100,000 Factor Payments to Foreigners = $20,0...
Which of the following is not a member of the Economic Community of West African State (ECOWAS)? ...