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______ are recorded as negative (debit) items. -

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Question

______ are recorded as negative (debit) items.

Options

  • Imports

  • Exports

  • Both Imports and Exports

  • None of these

MCQ
Fill in the Blanks

Solution

Imports are recorded as negative (debit) items.

Explanation:

Imports cause a net outflow of foreign exchange in the country. As a result, they are recorded as negative (debit) items.

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Foreign Trade
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