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Visible balance is also known as

Visible balance is also known as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Terms of trade
  • B Balance of payments
  • C Balance of trade
  • D Capital balance
Correct Answer: Option C
Explanation:
The visible trade balance is that part of the balance of trade figures that refers to international trade in physical goods, but not trade in services. It is also known as balance of payment in the current account balance.

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