If the Income flow of a country exceeds the expenditure flow in international transactions; the balance of payment is? By: Sunday|Published on: May 3|Categories: Economics NECO| 0 comments A. balanced B. deficit C. restricted D. surplus Correct Answer: Option D – surplus Users Also Read These:The circular flow of income defines the?An example of injection into the circular flow of income is?In the circular flow of income; an increase in…A country's balance of payment is deficit when?A summary of all the receipts and payments of a…SEE ALSO The first oil refinery in Nigeria was established at?