If There Is a Favourable Balance of Payments, It Means

question 235

Short Answer

If there is a favourable balance of payments, it means that
a country exports manufactured goods and imports raw materials.
a country imports more than it exports for each country with which it trades.
a country exports more than it imports for each country with which it trades.
the country has more money flowing into it than out as a result of trade and other transactions.
a country exports raw materials and imports manufactured goods.

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Definitions:

Petty Cash

A small amount of cash on hand used for covering minor expenses.

Petty Cash Fund

A small amount of cash kept on hand for making immediate payments for minor expenses.

Auxiliary Petty Cash Record

A supplementary record for summarizing petty cash information.

First Aid Supplies

First aid supplies are materials and equipment used for providing initial care in case of illness or injury, commonly including bandages, antiseptics, and basic medical tools.