Given below are two statements, one labelled as Assertion (A) and the other as Reason (R): Assertion (A): When the payments made by a country exceeds its receipts from trade of goods, services, transfer and net income is called Current Account Deficit (CAD). Reason (R): Current Account Deficit (CAD) occurs when a country exports more goods, services and capital.

With reference to Trade-Related Investment Measures (TRIMs), which of the following statements is/are correct? 1. Quantitative restrictions on imports by foreign investors are prohibited. 2. They app…

Consider the following statements: 1. WTO uses the factors of trade and the level of economic development of a country as the criteria for making a distinction between a developed and a developing co…

Which of the following pairs is/are not correctly matched? 1. Global Value Chains (GVC) - International Product Sharing 2. World Integrated Trade Solutions - Database on GVC related Trade 3. Current…

What constitute the primary direct components of a nation's foreign trade? I. Import II. Export III. Balance of Payment IV. Balance of Trade Choose the correct answer from the options given below:

What is the correct descending order of share of following components in Indian Foreign Exchange Reserves starting from largest to smallest ? 1. Gold Reserves 2. Foreign Currency Assets 3. Reserve po…