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