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प्रश्न
Why is it detrimental for a nation to have negative balance of payments?
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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.
संबंधित प्रश्न
Which one of the following South American nation, is a part of OPEC?
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What is meant by barter system?
What is dumping?
Where are the headquarters of ASEAN?
Where are the headquarters of EU?
Where are the headquarters of CIS?
Explain how geological structures, mineral resources and climate are the bases of international trade.
What are the concerns related with international trade?
Explain how global trade affects many aspects of life.
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List the functions and criticism of the World Trade Organisation (WTO).
How many countries are there in OPEC?
Which is the largest trading partner of India?
Where is the headquarter of OPEC?
Which of the following is not a major trading partner of India ____________.
Which of these trade blocs has India as an associate member?
Which of the following is an aspect of international trade?
Countries also need to be cautious about ____________.
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Which of the following trade blocks, is In~a an associate member?
The headquarters of European Union is located at ______.
What is the main motive of OPEC countries?
The silk route had a length of ______ km connecting Rome and China.
I. The WTO however has been criticized and opposed by those who are worried about the effects of Free trade and economic globalization.
II. Free trade does not make ordinary people‟s lives more prosperous.
Explain how, in modern times, trade is the basis of world's economic organisation and is related to the foreign policy of the nations.
Explain how the 'size of population' and the stage of 'economic development' are the bases of international trade.
