When a foreigner on a visit to Nigeria pays for hotel accommodation and meals with…

When a foreigner on a visit to Nigeria pays for hotel accommodation and meals with some foreign currency,the amount paid should be recorded in Nigeria’s balance of payment as an item of?
  • A.
    Nigeria’s invisible export trade
  • B.
    Nigeria’s import trade
  • C.
    Nigeria’s invisble trade
  • D.
    foreign capital inflow into Nigeria
Correct Answer: Option A
Explanation
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