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Friday, 03 April 2026
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A country is said to achieve a trade surplus when total

A country is said to achieve a trade surplus when total
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Visible exports exceed total visible imports
  • B Invisible exports exceed total invinsible imports
  • C Visible exports exceed total invisible imports
  • D Visible imports exceed total visible exports
Correct Answer: Option A
Explanation:
Trade surplus is achieved When the amount by which the value of a country's exports exceeds the cost of its imports.

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