So, the wider the deficit, the more dollars a country has to buy in the market to pay its bills. ... The rise in oil prices since March 2018 will only worsen the deficit going forward and that would mean that the rupee may be trapped in a vicious cycle of devaluation
If you can example what that means a little more maybe i can help
Answer:
Mercantilism
Explanation:
Due to protectionism (the mother country protects its possessions)
True it is the idea the they should be equal