Do you think surplus in capital exp. BOP reflects prosperity of the nation
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2
Answer:
No surplus increases the exp capital and prosperity of the nation
Explanation:
Government exp=Government anticipated expenditure
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0
Explanation:
No, it is incorrect to say that surplus in capital account reflects the prosperity of the nation. Surplus in capital account balance of payments may have been achieved through loans which are a financial obligation to rest of the world. This does not indicate overall prosperity of the nation and its people.
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