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Question 0

The difference between the total payments for imports and the receipts from exports within a given period is referred to as

  • A.balance of payments
  • B.balance of trade
  • C.comparative cost advantage
  • D.comparative advantage
  • E.
Objective

Question details

Exam body
JAMB
Subject
Commerce
Year
1994
Question no.
#0
Type
Objective
Previous · Q0The rate at which a country's exports exchange for its imports is called Next · Q0 A pro forma invoice is NOT required when

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