OR How is balance of payment 'deficit measured? Explain.(CBSE, Forei – InterviewSolution

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1.	OR How is balance of payment 'deficit measured? Explain.(CBSE, Foreign 20149. State the nature of transactions that are recorded in current account of the Balance of Paymentsaccount.{CBSE, Sample Paper 2008)10 State the comnonents of current account of the Balance of Payments account
Answer» Balance of PAYMENTS DEFICIT means the COUNTRY IMPORTS more GOODS, services and capital than it exports.

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