Question # 1

The effects of inflation on the price competitiveness of a country products may be offers by:

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An appreciation of the currency

A revaluation of the currency

A depreciation of the currency

Lower inflation abroad

What is necessary to control cost push inflation?

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To impose control on wages of labour

To remove market imperfections

Both of the above

None of the above

Court granted permission to not pay some or all of its debts which force it out of business?

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Bond

Bankruptcy

Principal

Interest

Finding a partner to works with abroad is called a:

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Takeover

Merger

Acquisition

Joint venture

Colin Evans recognized to be the world's leading trade diplomat is related with which kind of Diplomacy?

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Track I diplomacy

Track II diplomacy

Shuttle diplomacy

Freelance Diplomacy

In comparison to revenue deficit; the size of fiscal deficit is always

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Higher

Smaller

Similar

Uncertain

What is "Dumping"?

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The sale of the sub-standard commodity

Sale in a foreign market of a commodity at a price below marginal cost

Sale in a foreign market of a commodity just at marginal cost without too much of profit

Smuggling of goods without paying any customs duty

Where is the headquarters of World Trade Organization?

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New Delhi

New York

Geneva

None of the above

SSI is an abbreviation for which of the following?

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Supplement Security Income

Standard Supplement Income

Social Security investigation

Secret Service Investigation

An expansionist fiscal policy could include:

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Lower interest rates

Increased landing by the banks

An increase in corporation tax

An increase in discretionary nary government spending

Which does the government not control directly?

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Spending on health

Spending on defence

Firms investment decisions

Spending on education

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