When does an adverse or unfavorable Balance of Payments situation arise?

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Economics · International Trade

When does an adverse or unfavorable Balance of Payments situation arise?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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When the value of imports is greater than exports

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Answer 1

When there is no international trade

Answer 2

When imports and exports are equal

Answer 3

When the value of exports is greater than imports

Answer 4

When the value of imports is greater than exports

When does an adverse or unfavorable Balance of Payments situation arise?

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When does an adverse or unfavorable Balance of Payments situation arise?

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