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If India has a trade deficit …

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If India has a trade deficit with US,to eliminate the gap rupee should _________against the dollar : A) strengthen. B) weaken C) compete D) none of the above

    • Posted by Hardik Kumar 5 years, 8 months ago

    CBSE > Class 12 > Economics
    • 6 answers

    Khushi Varshney 5 years, 8 months ago

    yes it's answer is weaken

    1Thank You

    Ankit Kumar 5 years, 8 months ago

    Weaken

    1Thank You

    Manvi Rai 5 years, 8 months ago

    May be . A) strengthen

    0Thank You

    Hardik Kumar 5 years, 8 months ago

    Okay..

    0Thank You

    Love ..... . 5 years, 8 months ago

    May be the ans will be weaken

    1Thank You

    Mohit Kukreja 5 years, 8 months ago

    Trade deficit means we import more , so to convince US to import from us , the rupee should weaken against the dollar. I am not sure my answer , plz do let me know if i am correct or not.

    2Thank You

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