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Country X has obtained a surplus in its balance of payment. Explain the factors that could have contributed to this surplus.

Country X has obtained a surplus in its balance of payment. Explain the factors that could have
contributed to this surplus

Answers


Davis
-Highlight earnings from exports than payments than payments for imports
- Low importation by citizens
- Increased prices of export
- Through same quality bought
- Receipts in forms of capital transfer from abroad
- Restricted importation.
- Improved economy/raised gross domestic products
Githiari answered the question on September 22, 2017 at 20:11

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