BOP deficit and how to overcome..

Dear student,

When autonomous payments are more than autonomous receipts, BOP is said to be in deficit.
The measures to overcome BOP deficit are:
1) Exports should be encouraged.

Restrictions and Import Substitution are other measures of correcting disequilibrium.
3) Devaluation and depreciation.



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By having more about of receipts than expenditures in the economy
When the govt will have higher amount of revenue
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Sorry. Thats a wrong answer. I bymistake replied on this question

The ans for curing BOP deficits are;
1) increasing exports
2) having people from abroad coming and investing in domestic country (FDI)
3) decreasing amount of imports
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What are you looking for?