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, Net Income from Trade or BusinessStandard Account Form

, Net Income from Trade or BusinessStandard Account Form

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[Music] a prolonged war in Ukraine has pushed the prices of crude oil Beyond hundred dollars a battle and due to it the trade deficit in June sowed to a high of 25.63 billion dollars it stood at 9.61 billion dollars in the same month last year trade deficit is the difference between the value of goods imported and the value of goods exported and not just the trade deficit India's current account deficit 2 is ballooning due to the global headwinds some Reports say that it might double in The Current financial year current account deficit implies the country is importing more goods and services in value than the exports the country could also be in current account Surplus if the value of exports exceeds the Imports so the current account deficit is the shortfall between the money received by selling products to other countries and the money spent to buy goods and services from other nations similar to the balance of trade the current account maintains a record of the country&

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