Question 0

A country has a surplus in its balance of visible trade if

  • A.the value of imports exceeds the value of exports of goods
  • B.the value of exports exceeds the value of import of goods
  • C.the value of goods exported is equal to the value of goods imported
  • D.it is able to spend a lot on capital programmes
  • E.commercial banks assets increase
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1978
Question no.
#0
Type
Objective

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