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Disequilibrium in the balance of payment means?
Question 1
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Disequilibrium in the balance of payment means?
imports of the country exceeding its exports
overall deficit or surplus in the current account and capital account of the balance of payment
capital flowing out of the country exceeds the capital flowing into the country
deficit in the trade balance
export earnings exceeds cost of imports
Answer Details
Read lesson note on International Trade And Balance Of Payments (WAEC)
International Trade And Balance Of Payments
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