WAEC Commerce 2025 Objective — Question 26
Question 26 of 51 from the West African Examinations Council (WAEC) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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An example of an invisible item in the balance of payment account is
- A. goods exported
- B. goods imported
- C. salaries of expatriatesCorrect
- D. sales of assets
Explanation
Salaries of expatriates are not a tangible item, so they form part of the invisible items in the balance of payment account.
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