MCQOPTIONS
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| 1. |
The balance of payments of a country is in equilibrium when the - |
| A. | demand as well as supply of the domestic currency are the highest |
| B. | demand for the domestic currency is equal to its supply |
| C. | demand for the domestic currency is the highest |
| D. | demand for the domestic currency is the lowest |
| Answer» C. demand for the domestic currency is the highest | |