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At the end of 2021, India's weak currency, the rupee, was showing a high trade deficit due to higher imports and slow growth in exports.
At the end of 2021, India's weak currency, the rupee, was showing a high trade deficit due to higher imports and slow growth in exports. Amazon has tried for several years to enter the e-commerce space in India. The government is trying to reduce the country's dependence on imports and promote domestic businesses. How can the IMF help India with this situation? a. The IMF can offer India a loan to help them with their financial crisis. b. The IMF can work with India to switch their national currency to US dollars. c. The IMF can protect traders and investors from exposure to the fluctuations of the spot rate. d. The IMF can work with India on a forward transaction
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