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JAMB - Commerce (2018 - No. 43)

Balance of payment consist of ----------- and ---------- items
Credit and loss
visible and non-visible
valid and invalid
income and expenditure

Giải thích

The balance of payments is a summary of all monetary transactions between a country and rest of the world. These transactions are made by individuals, firms and government bodies. Thus the balance of payments includes all external visible and non-visible transactions of a country.

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