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When the balance of trade is unfavourable which of the following conditions prevails?
Classroom
Commerce Classroom
Waec
Waec 1995
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When the balance of trade is unfavourable which of the following conditions prevails?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Exports exceed imports
B
Imports exceed exports
C
Customs duty is high
D
Lnvisible exports exceed visible imports
E
The value money falls
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Show Explanation
Correct Answer:
Option B
Explanation:
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