CUET Economics 2025 16 May Shift 1 PYQs

When income increases, consumer spending increases. Spending on imported goods is also likely to __________.

1. Decrease.
2. Constant.
3. Increase.
4. Maybe an increase or maybe decrease.

"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.

(C) There is an appreciation of the rupee on the international money market.

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

Choose the correct answer from the options given below:

When a country exports more goods than its imports, the balance of trade is considered to be?