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प्रश्न
Answer the following question.
What is meant by a trade deficit?
एक पंक्ति में उत्तर
उत्तर
Trade Deficits are the excess of imports over exports. That is,
Trade Deficits = Imports – Exports
NX = M – X.
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Balance of Payments Deficit Meaning
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संबंधित प्रश्न
Explain the meaning of balance of payments deficit.
Balance of Payments ‘deficit’ is the excess of: (choose the correct alternative)
a. Current account payments over current account receipts.
b. Capital account payments over capital account receipts.
c. Autonomous payments over autonomous receipts.
d. Accommodating payments over a accommodating receipts.
