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:When the value of a country’s export exceeds her…If government expenditure exceeds revenue; this result in?What is the balance of the income and expenditure account?In the circular flow of income below, the direction…According to the income approach to national income…