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When an economy is having a balance of payment surplus the best alternative opened to ...
Classroom
Economics Classroom
Neco
Neco 2002
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When an economy is having a balance of payment surplus the best alternative opened to it is to ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Borrow from abroad
B
Devalue its currency
C
Increase its foreign reserve
D
Promote imports into the country
E
Sell out its foreign assets
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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