Causes of surplus in balance of payment
Answer Text: Causes of surplus in balance of payment-increased demand for country’s exports that increases foreign exchange earnings.-favourable terms of trade that is where the value of exports exceeds the value of imports.-reduced private capital flight.-increased capital in-flow arising from laons or foreigninvestment from other countries.-reduced outflow of public capital.-devaluation of a country’s currency resulting to increased exports and less imports.-restricted importation of goods compared to the exports.