A country's visible balance of payment is made up of

  • A interest on loans to foreign countries
  • B profit from investment abroad
  • C earnings from goods exported
  • D dividend earned from companies
jamb 2022commerce

The correct answer is C. earnings from goods exported

A country's visible balance of payment is made up of earnings from goods exported. The balance of payment transactions consist of imports and exports of goods, services, and capital, as well as as transfer payment, such as foreign aid and remittances.

Previous question Next question