The difference between the total payments for imports and the receipts from exports within a given period is referred to as - SchoolNGR

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The difference between the total payments for imports and the receipts from exports ...

The difference between the total payments for imports and the receipts from exports within a given period is referred to as

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Balance of payments
B Balance of trade
C Comparative cost advantage
D Comparative advantage

Correct Answer: Option A

Explanation:

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