Look at the following data of a given country.No.ItemsValue (in million US Dollar1.Exports (of goods)1502.Imports (of goods)2003.No invisible20Which of the following is INCORRECT? A. Balance of trade is unfavourable for the country. B. Balance of payment cannot be determined by the data. C. There is a Current Account Deficit of 30 million US Dollars. D. There is a Capital Account Surplus of 50 million US Dollars.

Look at the following data of a given country.No.ItemsValue (in millio

1.	Look at the following data of a given country.No.ItemsValue (in million US Dollar1.Exports (of goods)1502.Imports (of goods)2003.No invisible20Which of the following is INCORRECT? A. Balance of trade is unfavourable for the country. B. Balance of payment cannot be determined by the data. C. There is a Current Account Deficit of 30 million US Dollars. D. There is a Capital Account Surplus of 50 million US Dollars.
Answer» D. There is a Capital Account Surplus of 50 million US Dollars.

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