Question

Explain three measures to correct disequilibrium in the balance of payment

Answer 1

Explanation:

please mark as brainlist

I'm your follower

please mark as brainlist

I'm your followerplease mark as brainlist

I'm your follower

please mark as brainlist

I'm your followerhi

please watch radhakrishn

on star bharat 9:00 pm

Monday to Friday

please

please

I'm your followerhi

please watch radhakrishn

on star bharat 9:00 pm

Monday to Friday

please

please

I'm your follower

Answer 2

Explanation:

First, fall in domestic prices or lower rate of inflation will induce people to buy domestic products rather than imported goods. Second, lower domestic prices or lower rate of inflation will stimulate exports. Fall in imports and rise in exports will help in reducing deficit in balance of payments.