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प्रश्न
What does Balance of payment disclose?
उत्तर
A Balance of Payment surplus indicates that country’s exports are more than its imports and its government and residents are savers. A Balance of Payment deficit points to the fact that country’s import is more than the export. This situations forces the country to borrow from other countries to pay for its imports.
APPEARS IN
संबंधित प्रश्न
Balance of trade is also referred to as ______.
Assertion (A): Balance of trade is also referred to as Balance of payments.
Reasoning (R): Balance of trade includes the value of imports and exports of visible goods and invisible goods.
The Statement which discloses a record of transactions between the residents of one country and residents of foreign country.
State with reasons whether you agree or disagree with the following statement.
The balance of Payment is the same as the Balance of Trade.
Balance of Trade and Balance of Payment are two different concepts.
Distinguish between the following:
Balance of payments and Balance of trade.
Distinguish between the following:
Balance of payments and Balance of trade.
Balance of payments and Balance of trade.
Distinguish between the following:
Balance of payments and Balance of trade.
Distinguish between the following:
Balance of payments and Balance of trade
