explain the reasons of adverse balance of payments
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Heya....
Adverse balance of payment occur when...
* Rise in imports instead of exports....
We have to pay more payments to imports it reduces our foreign reserves...
* Not counted the remittance in income..
Because it is one sided payment and it causes rise in once income not of Nation..
Adverse balance of payment occur when...
* Rise in imports instead of exports....
We have to pay more payments to imports it reduces our foreign reserves...
* Not counted the remittance in income..
Because it is one sided payment and it causes rise in once income not of Nation..
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