WAEC Commerce 2022 Objective — Question 18
Question 18 of 50 from the West African Examinations Council (WAEC) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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A country's visible balance of payment is made up of
- A. interest on loans to foreign countries
- B. profit from investment abroad
- C. earnings from goods exportedCorrect
- D. dividend earned from companies
Explanation
Visible balance of trade/payment is made up of earnings from tangible (visible) goods exported and imported.
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