3579EconomicsMedium
The balance of payment is?
ATotal sum a state owned
BShortfall in budget
CBalance between a nation’s expenditure on imports and its receipts from exports
DTotal liabilities of a nation
Correct answer
C. Balance between a nation’s expenditure on imports and its receipts from exports
Explanation
The correct answer is Balance between a nation’s expenditure on imports and its receipts from exports.