Economics · Balance of Payments
When does the problem of an unfavourable (deficit) balance of payments primarily arise?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When total exports decrease irrespective of imports
- 2When total exports increase irrespective of imports
- 3When total imports decrease significantly
- 4When total payments for imports/outflows exceed total receipts from exports/inflows✓
Correct answer
When total payments for imports/outflows exceed total receipts from exports/inflows
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