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| Q. |
If the balance on current and capital accounts of Balance of Payments (BoP) taken together is negative, then |
| A. | It is a case of BoP surplus |
| B. | It is a case of BoP surplus where the official reserve account is in surplus |
| C. | It is a case of BoP deficit |
| D. | It is case of BoP disequilibrium |
| Answer» C. It is a case of BoP deficit | |
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Fundamentals of Economics and ManagementNo comments yet