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:The record of a country's transactions in…The most acceptable means of payment in foreign…The use of income and expenditure instruments or…A comprehensive statement of Income and expenditure…In the circular flow of income below, the direction…