When nation is a borrower from other countries means: Option 1: Trade surplus Option 2: Deficit in current Account Option 3: Surplus in current Account Option 4: Trade Deficit

The answer is 'Deficit in current Account'. View full solution:

CUET Economics - When nation is a borrower from other countries means: | PYQs + Solutions

CUET Economics

Macro

Medium

Trade surplus

Deficit in current Account

Surplus in current Account

Trade Deficit

✅ Correct Option: 2

Related questions:

15 May Shift 1

"GST has improved India's ranking in terms of ease of doing business. The introduction of GST has attracted foreign investors in large numbers."

What will be the sequential impact of the above on the exchange rate of the rupee in the international money market?

(A) The supply curve of foreign exchange shifts to the right.

(B) The exchange rate starts falling.

(D) An increase in foreign investment increases the supply of foreign exchange.

Choose the correct answer from the options given below:

3 June Shift 1

Chronologically arrange the following in sequence:

(A) Smithsonian Agreement.

(B) Gold standard system of exchange.

(D) Bretton woods conference.

Choose the correct answer from the options given below:

26 May Shift 2

A country whose aggregate demand grows faster than the rest of the world's normally finds its currency______.