Home » Economics » The difference between payments and receipts for visible trade is calledThe difference between payments and receipts for visible trade is called The difference between payments and receipts for visible trade is called A. bilateral trade B. current balance C. balance of payments D. balance of trade Correct Answer: Option D Explanation Related Posts Which of the following BEST describes the production function? A major obstacle to rapid agricultural development in Nigeria is the? Guided deregulation as currently practised in Nigeria implies that The sharp increase in the prices of most goods and services during the last quarter… A change in supply is best described as a? The unemployment associated with a recession is called?