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The relationship between a country's total receipts and payments in international ...
Classroom
Commerce Classroom
Waec
Waec 1991
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The relationship between a country's total receipts and payments in international trade in a given year is called?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Balance of trade
B
Balance of payments
C
Terms of trade
D
Balance of current account
E
Balance on capital account
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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