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 summary of all the receipts and payments of a…What is the balance of the income and expenditure account?When the value of a country’s export exceeds her…If a country's national income increased from N1000…Balance of payment in international trade does not…