Composition and direction of India’s trade; Balance of payment problem
Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, Subscribe on YouTube 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and … Read more Composition and direction of India’s trade; Balance of payment problem