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Commerce · Q478

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 478

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
Answer
D.
Only 2 is correct

Answer: Option C

Solution

Answer: Option C
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