How to correct balance of payments deficit
i. Borrowing from international financial/organizations or from friendly countries.
ii. Embargo/ban on importation
iii. Quotas
iv. Tight foreign exchange control
v. Selling foreign investments
vi. Importing on credits
vii. Devaluation of currency
viii. Import licensing
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…