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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.
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संबंधित प्रश्न
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