Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

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You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

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Yes. Our Android and Windows versions support offline usage. Once downloaded and activated, no internet is required to use most of the features.

Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ECONOMICS

JAMB 2004 - Question 31

Economics 2004 JAMB Past Questions - Question 31: The difference between payments and receipts for visible trade is called

Choose the most appropriate option for the gap .

The difference between payments and receipts for visible trade is called

A: bilateral trade

B: current balance

C: balance of payments

D: balance of trade

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ECONOMICS

Economics 2004 JAMB Past Questions - Question 31: The difference between payments and receipts for visible trade is called

Examkit's JAMB CBT App

Correct Answer

Explanation