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What happens when a country has a deficit in its current account?a)It accumulates foreign exchange reserves.b)It runs down its foreign exchange reserves.c)It imposes tariffs on imports.d)It experiences a trade surplus.Correct answer is option 'B'. Can you explain this answer? for B Com 2025 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What happens when a country has a deficit in its current account?a)It accumulates foreign exchange reserves.b)It runs down its foreign exchange reserves.c)It imposes tariffs on imports.d)It experiences a trade surplus.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What happens when a country has a deficit in its current account?a)It accumulates foreign exchange reserves.b)It runs down its foreign exchange reserves.c)It imposes tariffs on imports.d)It experiences a trade surplus.Correct answer is option 'B'. Can you explain this answer?.

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