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Which of the following situations means equilibrium in the balance of payments?a)When exports of goods and services capital receipts are more than the imports of goods and services capital payments.b)When exports of goods and services capital receipts are less than the imports of goods and services capital payments.c)When exports of goods and services capital receipts are equal to the imports of goods and services capital payments.d)None of theseCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following situations means equilibrium in the balance of payments?a)When exports of goods and services capital receipts are more than the imports of goods and services capital payments.b)When exports of goods and services capital receipts are less than the imports of goods and services capital payments.c)When exports of goods and services capital receipts are equal to the imports of goods and services capital payments.d)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following situations means equilibrium in the balance of payments?a)When exports of goods and services capital receipts are more than the imports of goods and services capital payments.b)When exports of goods and services capital receipts are less than the imports of goods and services capital payments.c)When exports of goods and services capital receipts are equal to the imports of goods and services capital payments.d)None of theseCorrect answer is option 'C'. Can you explain this answer?.

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