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:If government expenditure exceeds revenue; this result in?Balance of payment in international trade does not…In international trade; when payments of a country…The use of income and expenditure instruments or…In bank reconciliation, when a cash book shows a…