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The difference between the value of imports of goods for a particular year is known as?

The difference between the value of imports of goods for a particular year is known as?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Balance of payment
  • B Balance sheet
  • C Balance of trade
  • D Terms of trade
  • E Terms of payment
Correct Answer: Option D
Explanation:

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