A favourable balance of payments means that
A) exports exceed imports.
B) imports exceed exports.
C) payments exceed trade.
D) exports and other payments exceed imports and other receipts.
E) total receipts exceed total payments.

Question

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The Answer of A favourable balance of payments means that
A) exports exceed imports.
B) imports exceed exports.
C) payments exceed trade.
D) exports and other payments exceed imports and other receipts.
E) total receipts exceed total payments.

A Favourable Balance of Payments Means That