WAEC Economics 2010 Question 46

A country's balance of payments is in deficit when

1. A.a country's payment for imports of invisible goods are greater than her receipts from exports of invisible goods.
2. B.the total receipts from her export of visible and invisible goods are greater than her payments for visible and invisible imports.
3. C.it can record a surplus on current account of her balance of payments accounts.
4. D.the total payments for visible and invisible imports are greater than the total receipts from her exports of visible and invisible goods.