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Jannette Tellez
on Nov 03, 2024

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What does it mean when a country has a balance of payments surplus means?

A) Monetary inflow exceeds monetary outflow
B) Monetary outflow exceeds monetary inflow
C) Imports exceed exports
D) Exports exceed imports

Balance of Payments Surplus

A situation in which the total amount of money coming into a country from abroad exceeds the total amount of money going out.

Monetary Inflow

The entry of money into a country, organization, or institution, typically influencing its financial health positively.

Monetary Outflow

This term refers to the flow of money out of a country, business, or institution, primarily through payments to other countries or purchases of goods and services.

  • Understand the balance of payments and its components.
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Swish 107.5Nov 05, 2024
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