Q478
Which of the following kinds of situation is signified when there is debit in balance of payments accounts? (1) Low imports and high exports (2) High imports and low exports
A.
Both 1 and 2 are correct
B.
Both 1 and 2 are incorrect
C.
Only 1 is correct
AnswerD.
Only 2 is correct
Answer: Option C
Solution
Answer: Option C
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