Civil Services UPPSC RO ARO 2024-25 Mock Tests Series General Knowledge Economy External Sector and Currency Exchange rate
Among the indicators of the state of the economy in a country is the CAD (Current Account Deficit), which is a measure of a country's trade in which:
1
The volume of imports of goods and services exceeds the volume of exports.
2
The volume of exports of goods and services exceeds the volume of imports.
3
The quantity of both imports and exports decreases.
4
The quantity of imports of goods and services remains equal to the quantity of exports.