WAEC Economics 2011 Objective — Question 46

A country's balance of payments is in deficit when for imports of invisible goods are

• A. A. greater than her receipts from exports of invisible goods
• B. B. the total receipts from her export of visible and invisible goods are greater than her payments for visible and invisible imports
• C. C. it can record a surplus on current account of her balance of payment accounts
• D. D. the total payments for visible and invisible imports are greater than the total receipts from her exports of visible and invisible goodsCorrect