A current account balance-of-payments surplus implies


A current account balance-of-payments surplus implies an

a. excess of exports over imports of goods and services

b. excess of imports over exports of goods and services

c. excess of exports over imports of goods, services, and unilateral transfers

d. excess of imports over exports of goods, services, and unilateral transfers

Please provide with correct answer and explain.

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Business Economics: A current account balance-of-payments surplus implies
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