Which of the following is not a type of disequilibrium in the balance of payments?
Transactional disequilibrium is not a standard category of balance-of-payments disequilibrium. Seasonal disequilibrium arises from recurring seasonal patterns, cyclical…
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Which of the following is not a type of disequilibrium in the balance of payments?
Answer and explanation
Correct answer B
Transactional disequilibrium is not a standard category of balance-of-payments disequilibrium. Seasonal disequilibrium arises from recurring seasonal patterns, cyclical disequilibrium from business-cycle fluctuations, and secular disequilibrium from longer-term changes. These describe different time patterns of external imbalance.
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Himachal Pradesh SET (HP SET)