WAEC Commerce 2012 Objective — Question 11
Question 11 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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Which of the following is classified as invisible item in balance of payment?
- A. import of goods
- B. Salaries of expatriatesCorrect
- C. Export of groundnuts
- D. sale of equipment
Explanation
Expatriates provide service. Thus, they are considered invisible and so is their salaries.
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