मराठी

Which of the following best illustrates a disadvantage of excessive import trade?

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प्रश्न

Which of the following best illustrates a disadvantage of excessive import trade?

पर्याय

  • Growth in local currency reserves.

  • Reduced foreign dependency.

  • Risk of trade deficit.

  • Strengthening of local industries.

MCQ
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उत्तर

Risk of trade deficit.

Explanation:

Relying heavily on imports can lead to more money leaving than entering the country, causing a trade deficit.

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