A country has a negative balance of trade it means the balance of payments on current account
A. Should also be negative
B. Should be positive
C. May be positive or negative
D. Should be same as balance of trade
Answer: Option D
Solution(By Examveda Team)
A country has a negative balance of trade it means the balance of payments on current account should be same as balance of trade. The balance of trade is the difference between the value of a country's imports and exports for a given period. The balance of trade is the largest component of a country's balance of payments.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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