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In order to check rising to current Account Deficit (CAD), the govt had raised import duties on the yellow metal to ________.
  • a)
    5%
  • b)
    8%
  • c)
    10%
  • d)
    12%
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
In order to check rising to current Account Deficit (CAD), the govt h...
The current account deficit is a measurement of a country's trade where the value of the goods and services it imports exceeds the value of the products it exports.
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In order to check rising to current Account Deficit (CAD), the govt had raised import duties on the yellow metal to ________.a)5%b)8%c)10%d)12%Correct answer is option 'C'. Can you explain this answer?
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