There is a war going between Country A and Country B for last two years. Now in the current year both countries have signed a peace agreement and…

CA Foundation · Business Economics · PYQS · May 2025
There is a war going between Country A and Country B for last two years. Now in the current year both countries have signed a peace agreement and war has come to an end. Now both countries have started to rebuild the losses caused due to war out of their own funds. Which type of cause of change in business cycle is this for Country A?
(A) A. Internal Cause
(B) B. External Cause
(C) C. Both Internal and External Cause
(D) D. This is not a cause of change in business cycle

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. External Cause

Topics: Business Cycles

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