12th Class Economics Financial Market / वित्तीय बाजार Question Bank MCQs - Balance of Payments

  • question_answer
    If value of visible exports is greater than the value of invisible imports, the balance relates to

    A) Current account BoP

    B) Trade deficit

    C) Capital account BoP

    D) Can't be determined

    Correct Answer: D

    Solution :

    In this case, we cannot determine the value of surplus or deficit as the export of visibles and import of invisibles cannot be compared.


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