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.31 which of the following is not a monetary measure for correcting adverse balance of payments? ans exchange control fafh f4 deflation devaluation 3. import re
.31 Which of the following is not a monetary measure for correcting adverse balance of payments? Ans Exchange Control fafH f4 Deflation Devaluation 3. Import Restriction HT4TT-ATTqT 4. Qu
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Nidhi taparia Best Answer
Option 4 is the answer. Import restriction is not a monetary measure of BoP correction. It is a real measure, as it is related with goods and services. These import restrictions can be in the form of import quotas. All others are monetary measures. Deflation relates to prices of good and services in the domestic market. Devaluation relates to foreign exchange rate. And exchange control refers to put restrictions on how much foreign exchange can people hold.