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When the value of a nation’s export is greater than its imports
Classroom
Economics Classroom
Waec
Waec 2005
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When the value of a nation’s export is greater than its imports
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
A favourable balance of trade exists
B
An unfavourable balance of payment exists
C
The net foreign trade is zero
D
Inflation occurs
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Show Explanation
Correct Answer:
Option A
Explanation:
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