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प्रश्न
Why is it detrimental for a nation to have negative balance of payments?
उत्तर
Negative balance of payment indicates that for a country the expenditure on imports is higher than the income from exports. This implies that a country is running down on its stock of foreign exchange and it has to bank upon international loans for funding the payments of imports.
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संबंधित प्रश्न
Which one of the following South American nation, is a part of OPEC?
In which of the following trade blocs, is India an associate member?
What benefits do nations get by forming trading blocs?
What is meant by barter system?
Which two countries were connected by the silk route?
When was WTO formed?
When and how did slave trade begin?
Write a note on history of international trade.
How many countries are there in OPEC?
In which of the following trade blocks, is India an associate member?
In which year WTO was formed?
Where is the headquarter of OPEC?
India's balance of trade is negative due to.
Diamond harbor is on the river ____________.
Offshore terminal at Vadinar belongs to ____________.
Which of the following is a determinant of trade?
Which of the following trade policies limits. specified quantity of goods to be imported at one tariff rate.
Which of the following describes composition of trade?
The headquarters of WTO is at ______.
The headquarters of European Union is located at ______.
Which one of the following continents has the maximum flow of global trade?
Where is the Headquater of WTO located?
Match the following.
| List I (Organisation) |
List II (Established) |
| A. ASEAN | 1. 1995 |
| B. WTO | 2. 1967 |
| C. NAFTA | 3. 1994 |
Arrange the following organisations according to the year of their formation and choose the correct option.
- ASEAN
- EU
- WTO
- OPEC
On the given political map of the World, seven geographical features have been marked as A, B, C, D, E, F and G. Identify any five with the help of the following information and write their correct names on the lines drawn near each feature.
- A major seaport.
- An international airport.
- An important Seaway.
- An area of subsistence gathering in South America.
- An important seaport of Asia.
- An area of Nomadic Herding.
- Region of extensive commercial grain agriculture.
