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प्रश्न
When the value of imports exceeds the value of exports, it is termed as:
विकल्प
Favourable balance of trade
Unfavourable balance of trade
Both favourable balance of trade and unfavourable balance of trade
None of the above
MCQ
उत्तर
Unfavourable balance of trade
Explanation:
It is termed an unfavourable balance of trade because imports are more than exports.
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International Trade
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