Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy External Sector and Currency Exchange rate
For oil-importing countries, the increase in oil prices in 1970's and mid-2000 contributed to which of the following:
(a) Improving terms of trade
(b) Balance of trade deficits
(c) Price Inflation
(d) Constrained economic growth
Choose the correct answer from the codes given below :
1
(a), (b) and (c) only
2
(b), (c) and (d) only
3
(c), (d) and (a) only
4
(a) and (d) only