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Click Submit to complete this assessment. Question 10 Which of the following is the economic value of all products a country exports minus the economic value of all Surplus Balance of Question Save and Subm
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Answer #1

Balance of payment is defined as the economic value of all the product a country exports minus economic value of all the products it imports.

Balance of payment.

Generally every country wishes to have a positive balance of payment. The optimal balance of payment is zero.

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