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Unit 2 Ch 7 : Lifelines of National Economy — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 2 Ch 7 : Lifelines of National Economy1 Mark
Question
What does unfavourable balance of trade mean?
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Answer

If the value of imports exceeds the value of exports, it is termed as unfavourable balance of trade.

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