Consider the following statements about Trade deficit 1 Trade deficit is the excess of a country rsq...........

Explanation:

3 and 4 only

Trade deficit is the excess of a country’s export receipts over its import: This statement is incorrect. Trade deficit is the excess of a country's imports over its exports, not the other way around.

Trade deficit leads to strengthening of the domestic currency: This statement is incorrect. Generally, a trade deficit tends to put pressure on the domestic currency, leading to depreciation rather than strengthening.

Trade deficit forces a country to look to foreign investors to make up the gap between its export earnings and its import payouts: This statement is correct. A country with a trade deficit may need to attract foreign investment to finance the gap between its export earnings and import expenditures.

A rising trade deficit could be an indication that domestically produced goods are unable to compete against imports: This statement is correct. A rising trade deficit may suggest that domestically produced goods are facing challenges in competing with imported goods.

Therefore, the correct answer is "3 and 4 only."