CUET Economics - When a country exports more goods than its imports, the balance of trade is considered to be? | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Macro

Easy

Surplus Balance of Trade.

Balanced Trade.

Trade Balance.

Deficit Balance of Trade.

✅ Correct Option: 1

Related questions:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) Devaluation	(I) Price of foreign currency in terms of domestic currency increase
(B) Revaluation	(II) Price of domestic currency in terms of foreign currency increases
(C) Depreciation	(III) Increase the exchange rate by the action of the Government
(D) Appreciation	(IV) Decreases the exchange rate by the action of the Government

Choose the correct answer from the options given below:

30 May Shift 2

Arrange the following components as per the sample of Balance of Payments for India.

(A) Trade Balance.

(B) Net Invisibles.

(D) Errors and Omissions.

Choose the correct answer from the options given below:

22 May Shift 2

When the income of domestic consumers increases, their spending will Increase and thus spending on imported goods is also likely to increase. This leads to ............... of domestic currency?

CUET Economics 2025 3 June Shift 2 PYQs

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