Page-2 of Import Current Affairs, GK & News
1. The 2004-09 Foreign Trade Policy gave emphasis to [A]import substitution [B]increasing customs duty [C]export promotion [D]long term trade relations export promotion Show Answer 2. Markets fail when [A]they do not maximise the aggregate consumer and producer surplus [B]they maximise aggregate consumer and producer surplus [C]they equalise the aggregate consumer and producer surplus [D]they escalate ..
Balance of Payments (BOP) is a systematic and summary record of a country’s economic and financial transactions with the rest of the world, over a period of time, say one year. Structure of Balance of Payments The format of the balance of payments given below shows the important types of transactions that enter the balance of ..
Topics: Balance of Payments • Current Account • Devaluation • Economy • Foreign exchange reserves • Import • imports • International macroeconomics • Invisible balance • Invisible Exports • Invisible Imports • Macroeconomics • National accounts • Tariff • World economy