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When is a country's balance of payments said to be adverse (unfavourable)? - Economics

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प्रश्न

When is a country's balance of payments said to be adverse (unfavourable)?

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उत्तर

A country's balance of payments (BOP) is said to be adverse (unfavourable) when its imports and payments to other countries exceed its exports and earnings, leading to a deficit.

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पाठ 15: Balance of Payments and Exchange Rate - TEST YOURSELF QUESTIONS [पृष्ठ २९६]

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फ्रँक Economics [English] Class 12 ISC
पाठ 15 Balance of Payments and Exchange Rate
TEST YOURSELF QUESTIONS | Q 22. a | पृष्ठ २९६
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