What is multilateral settlement
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by The Devil Prince 6 years, 9 months ago
- 2 answers
Yogita Ingle 6 years, 9 months ago
Multilateral settlement system refers to an unique economic system by which one country's deficit with another country is balanced by its surplus with a third country. For example,in the 19th century, Britain had a 'trade surplus' in India as the value of British exports to India was much higher than the value of British imports from India.This trade surplus with India helped to balance Britain's trade deficits with other countries from which it was importing more compared to exporting and that too at a higher price.
Related Questions
Posted by Siddhanth Aravind 10 months ago
- 0 answers
Posted by Anisha Grover 4 days, 7 hours ago
- 0 answers
Posted by Vansh Singh 1 year, 1 month ago
- 1 answers
Posted by Chirag Jindal 1 year, 1 month ago
- 0 answers
Posted by Kapil Dev Saroye 1 year, 1 month ago
- 0 answers
Posted by Armaan Ali 1 year, 1 month ago
- 1 answers
Posted by Shristi Pandey 3 months, 2 weeks ago
- 0 answers
Posted by Sakshi Patel 1 year, 1 month ago
- 1 answers
Posted by Sai Sravika Godavarthi 1 week, 2 days ago
- 1 answers
Posted by Sudhanshu Choudhry 1 year, 1 month ago
- 1 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
The Devil Prince 6 years, 9 months ago
1Thank You