Balance of payment problems arise if a country’s?

Balance of payment problems arise if a country’s?

  • A.
    exports is more than imports
  • B.
    imports is more than exports
  • C.
    currency devaluation
  • D.
    invisible exports is more than visible exports
Correct Answer: Option B
Explanation

A country’s balance of payment problems  arises when the value of its visible and invisible imports is greater than the value of exports

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