Question
A set of three statements regarding Balance of Payment Surplus are given below. Read each statement and answer whether each statement is true or false? Statement 1 : A balance of payments surplus means the country exports more than it imports Statement 2 : A balance of payments surplus makes a country too dependent on export driven growth. Statement 3 : A balance of payments surplus boosts economic growth in the short term.
More Economics Questions
- Balance of trade is the _______________.
- The production function of a firm is a relationship between which two factors?
- Who is the author of the recently released “MODI@20: Dreams Meet Delivery” book?
- An increase in the price of a product will result in which of the following?
- The Lorenz curve is used to display which of the following?
- Fiscal policy in India is formulated by?
- Which entity is tasked with the administration of direct tax laws in India?
- Which Indian batsman has recently announced his retirement from cricket?
- The First Five Year Plan was based on which Model?
- What does 'VAT' stand for in the context of taxation?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt