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The Changing Pattern of Indias
The Unfavourable Balance and
Hard Soft and Medium Currencies
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able balance adverse balance balance of payments balance of trade Belgium borrowing buyer castor oil central reserve commodities consider consumer country's exports crores curtailment of imports decline deficit devaluation difficulties doubt earnings of foreign Eastern Economist economic effect export duties export trade exports to hard extent fact favourable balance figures finance foreign exchange Fund hard cur hard currency area hard currency countries hides and skins higher price import of foodgrains imports from hard India India's balance India's foreign trade India's imports inflation International Monetary Fund international trade jute manufactures large number loans long-term Manganese markets member countries ments necessary Pakistan pamphlet ports position possible pre-war production raw cotton raw jute raw materials reason rency countries restrictions result rupees soft currency countries sterling balances substantial surplus terms of sterling tion total imports tourist trade in terms unfavourable United Kingdom value of India's