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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
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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