A country has a surplus in its balance of visible trade i...
A country has a surplus in its balance of visible trade if
The value of imports exceeds the value of exports of goods
The value of exports exceeds the value of import of goods
The value of goods exported is equal to the value of goods imported
It is able to spend a lot on capital programmes
Commercial banks assets increase
Correct answer is B
A surplus in the balance of trade occurs when exports exceed imports
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