UPSC Principle and Vice Principle GK/GS Basic Economic Concepts and Structure of the Indian Economy Part - 1

A trade deficit occurs when

Type: MCQ • Marks: 1

A. Savings exceed investment

B. Taxes exceed spending

C. Exports exceed imports

D. Imports of goods exceed exports of goods

Explanation

A merchandise trade deficit occurs when the value of goods imports exceeds goods exports.

UPSC Principal & Vice Principal GK/GS

This page is indexed for search so students can find questions directly from Google.

Go Back Top

Welcome to TutorWale!