GK
INDIAN ECONOMY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is the most appropriate cause of exports surplus?
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Country’s exports promotion value
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Country’s stringent import policy
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Developments in national and international markets
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None of the above
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Explanation:
Detailed explanation-1: -Developments in national and international market is the most appropriate cause of export surplus.
Detailed explanation-2: -Correct Answer: When export of a country is more than import.
Detailed explanation-3: -Export surplus is the excess of exports over imports.
Detailed explanation-4: -If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance.
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