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प्रश्न
Answer the following question in about 30 words.
Why is it detrimental for a nation to have a negative balance of payments?
अति संक्षिप्त उत्तर
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उत्तर
A negative balance of payments indicates that a country’s expenditure on imports exceeds its income from exports. This implies that a country is running down its foreign exchange reserves and has to rely on international loans to finance import payments.
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History of International Trade
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 8: International Trade - Exercises [पृष्ठ ७६]
