Home » Economics » When a nation’s exports are greater than its imports

When a nation’s exports are greater than its imports

When a nation’s exports are greater than its imports
  • A.
    The net foreign trade is zero
  • B.
    an unfavourable balance of payment exist
  • C.
    A favourable balance of payment exists
  • D.
    An un favourable balance of trade exist
  • E.
    A favourable balance of trade exists
Correct Answer: Option E
Explanation