Economics · Macroeconomic Challenges
Which of the following is traditionally considered an internal structural factor rather than a major global macroeconomic policy challenge directly threatening India's immediate balance of payments stability compared to global shock indicators?
- 1High consumer non-essential imports like gold✓
- 2Rising protectionism in the world
- 3Widening current account deficit
- 4Depreciation of Indian rupee
Correct answer
High consumer non-essential imports like gold
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