Professional Documents
Culture Documents
Balance of Payment: by Group 1
Balance of Payment: by Group 1
Balance of Payment: by Group 1
By Group 1
Causes
Ever Expanding Trade Gap: (i) Increase in Import Intensity (ii) Import of Oil (iii) Import of Essential Items (iv) Rising Prices of Imports (v) Deterioration in the Exchange Rate of Rupee 2.Rising Current Account Deficit 3.Deficits on Capital Transactions