JNU 2003

[neha:)]

Please help..

Q. Current account balance of payments deficit of an open economy is :
a) deficit of foreign trade + inflow of foreign direct investment
b) imports of goods and services - exports of goods and services + depletion of foreign exchange reserve
c) imports of goods and services – exports of goods and services + external assistance and foreign commercial borrowing
d) imports of goods and services – exports of goods and services – net remittances out of factor incomes received from abroad

I am confused between B and D..

[vandita24x7]

D

vandita

On 14 May 2014 16:23, "neha:) [via Discussion forum]" <[hidden email]> wrote:

Please help..

Q. Current account balance of payments deficit of an open economy is :
a) deficit of foreign trade + inflow of foreign direct investment
b) imports of goods and services - exports of goods and services + depletion of foreign exchange reserve
c) imports of goods and services – exports of goods and services + external assistance and foreign commercial borrowing
d) imports of goods and services – exports of goods and services – net remittances out of factor incomes received from abroad

I am confused between B and D..

---

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[neha:)]

Hi Vandita! Are you absolutely sure about D?

[The Villain]

Its d..

[neha:)]

Thanku..both of you!

[mrittik]

Current Account Balance=(X-M) + Net Income from Aboard + Net Cash Inflow