O

Omveer • 5.26K Points
Tutor III Economic 

Q. Why a high rate of inflation tends to worsen balance of payments ?

  • (A) Prices of imported goods rise
  • (B) Prices of imported goods fall and hence more is imported
  • (C) Prices of exported goods rise making exports less competitive
  • (D) Prices of exported goods fall and hence less amount is obtained in terms of foreign exchange
  • Correct Answer - Option(C)
  • Views: 479
  • Filed under category Economic

No solution found for this question.
Add Solution and get +2 points.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.

Related MCQs on Economic

Q. A closed economy is one which

Q. A mixed economy refers to an economic system where

Q. Which of the following does not form part of current account of Balance of Payments?

Q. Kinked demand curve is a feature of

Q. When did India's population touch 100 crore mark

Q. In calculating National Income, which of the following is included?

Q. Rate of interest is determined by

Q. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other materi...

Q. The Removal of prohibitions and hindrance by government is called.

Q. As per the TRIPS Agreement1994, a good originating from a region with specific character/ quality/re...

Learn All Economic MCQs

Download our easy to use, user friendly Android App from Play Store. And learn MCQs with one click.

Image

Question analytics