When a country’s total visible and invisible exports are more than its visible and invisible…

When a country’s total visible and invisible exports are more than its visible and invisible imports, it has?
  • A.
    favourable balance of payments
  • B.
    favourable balance of trade
  • C.
    unfavourable balance of trade
  • D.
    unfavourable balance of payment
Correct Answer: Option B
Explanation
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