Question

Which of the following factory was one of the primary cause of BOP crises in

Answer 1

Answer:

The crisis was caused by currency overvaluation; the current account deficit, and investor confidence played significant role in the sharp exchange rate depreciation. ... Precipitated by the Gulf War, India's oil import bill swelled, exports slumped, credit dried up, and investors took their money out.

hope you found ur answer.. mark as brainliest