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:In the circular flow of income below, the direction…A comprehensive statement of Income and expenditure…The use of income and expenditure instruments or…In bank reconciliation, when a cash book shows a…When the value of a country’s export exceeds her…