The country rsquo s Balance of payment condition may improve by adopting the combination of the foll...........

Economic Affairs Balance of Payments

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The country’s Balance of payment condition may improve by adopting the combination of the following measures

1. Import control

2. Export promotion

3. Foreign exchange control

Codes :

1 and 2

2 and 3

1 and 3

All of the above

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Explanation:

All the statements are correct. The balance of payments, also known as balance of international payments and abbreviated B.O.P., of a country is the record of all economic transactions between the residents of the country and the rest of the world in a particular period (over a quarter of a year or more commonly over a year).