Multiple Choice
If there is a favourable balance of payments, it means that
A) a country exports manufactured goods and imports raw materials.
B) a country imports more than it exports for each country with which it trades.
C) a country exports more than it imports for each country with which it trades.
D) the country has more money flowing into it than out as a result of trade and other transactions.
E) a country exports raw materials and imports manufactured goods.
Correct Answer:

Verified
Correct Answer:
Verified
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