In international trade, when payments of a country are higher than the receipts, then the balance of payment is ____________ - SchoolNGR

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In international trade, when payments of a country are higher than the receipts, then ...

In international trade, when payments of a country are higher than the receipts, then the balance of payment is ____________

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A Favourable
B In equilibrium
C Perfect
D Unfavourable
E Uniform

Correct Answer: Option D

Explanation:

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