A country is said to have been unfavorable balance of trade when her?

  • A tangible imports are greater in value than the tangible exports
  • B tangible exports are greater in value than the tangible imports
  • C total payments for all visible and invisible imports exceed the corresponding total,exports
  • D total receipts from all visible and invisible exports exceed the corresponding imports

The correct answer is C. total payments for all visible and invisible imports exceed the corresponding total,exports

No explanation given
Previous question Next question