The Nation of Redland Reported That Their Imports for the Previous

Multiple Choice

The nation of Redland reported that their imports for the previous year were $4 billion greater than its exports.During the same period,Redland reported a favourable balance of payments.This information suggests:

A) Redland's gold reserves have increased in value.
B) Redland has made an error in their reporting.The nation must have had a balance of payments deficit since more money flowed out of Redland for imports than flowed into the country for its exports.
C) Redland devalued their currency to obtain a more favourable exchange rate.
D) Money inflows from tourism,foreign aid,foreign investment and other sources more than offset Redland's trade deficit.