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If a Country Has a 'Balance of Payment Deficit', This

Question 3

Multiple Choice

If a country has a 'balance of payment deficit', this means:


A) It exports less goods than it imports
B) It exports less goods and services than it imports
C) Its transfers send abroad exceed the transfers received
D) The sum of its goods exports, service exports, and transfers received is less than the sum of is goods imports, service imports, and transfers sent.

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