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 7 years, 1 month ago
- 2 answers
Yogita Ingle 7 years, 1 month 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 Kapil Dev Saroye 1 year, 4 months ago
- 0 answers
Posted by Sudhanshu Choudhry 1 year, 5 months ago
- 1 answers
Posted by Armaan Ali 1 year, 4 months ago
- 1 answers
Posted by Chirag Jindal 1 year, 5 months ago
- 0 answers
Posted by Sakshi Patel 2 weeks, 2 days ago
- 1 answers
Posted by Siddhanth Aravind 1 year, 1 month ago
- 0 answers
Posted by Sai Sravika Godavarthi 3 months, 3 weeks ago
- 1 answers
Posted by Vansh Singh 1 year, 4 months ago
- 1 answers
Posted by Shristi Pandey 1 month, 3 weeks ago
- 0 answers
Posted by Anisha Grover 3 months, 2 weeks ago
- 0 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
myCBSEguide
The Devil Prince 7 years ago
1Thank You