PAYMENT. Visible imports: 289. Invisible imports: 132. Calculate the balance of payment and indicate whether it is a surplus or deficit. Working on it.

To calculate the balance of payment, we need to subtract the total invisible imports from the total visible imports.

Balance of Payment = Visible imports - Invisible imports
Balance of Payment = 289 - 132
Balance of Payment = 157

Since the balance of payment is positive, it indicates a surplus.

Balance of Payment = Visible Imports + Invisible Imports
= 289 + 132
= 421

Since the balance of payment is positive (421), it is a surplus.