If the Income flow of a country exceeds the expenditure flow in international transactions; the balance of payment is? by Sunday | May 3 | Economics NECO | 0 comments A. balanced B. deficit C. restricted D. surplus Correct Answer: Option D – surplus Users Also Read These:A comprehensive statement of Income and expenditure…In international trade; when payments of a country…The use of income and expenditure instruments or…Balance of payment in international trade does not…When the value of a country’s export exceeds her…