Practicing Success
Practicing Success
CUET Preparation Today
A negative balance of trade would mean that the country: |
Spends more on buying goods Earn by selling its goods Exhausting its financial reserves Both 1 and 3 |
Both 1 and 3 |
A negative balance would mean that the country spends more on buying goods than it can earn by selling its goods. This would ultimately lead to exhaustion of its financial reserves. |
