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

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
Correct Answer: Option C
Explanation
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