Ask Question
8 October, 11:28

If a country pays out more money to other countries than it receives from other countries, what type of balance of payments does it have?

deficit

comparative advantage

export

free trade

+5
Answers (1)
  1. 8 October, 11:40
    0
    Hello from MrBillDoesMath!

    Answer: deficit

    Dictionary definition: "an excess of expenditure or liabilities over income or assets in a given period."

    Regards, MrB
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a country pays out more money to other countries than it receives from other countries, what type of balance of payments does it have? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers