JAMB - Commerce (2022 - No. 18)
A country's visible balance of payment is made up of
interest on loans to foreign countries
profit from investment abroad
earnings from goods exported
dividend earned from companies
Explicaţie
A country's visible balance of payment is made up of earnings from goods exported. The balance of payment transactions consist of imports and exports of goods, services, and capital, as well as as transfer payment, such as foreign aid and remittances.