| 1 |
Flxible exchange rate sytem has the advantage. |
- A. Automatic adjustment of balcne of payments
- B. Easy to borrow form world bank
- C. Encouragds exports
- D. None of the above
|
| 2 |
Which of the following compares everage pricw of exports to avarage Price of imports. |
- A. Balance of payments
- B. Balance of trade
- C. Terms of trade
- D. Exchange of rate
|
| 3 |
Exports of goods is called trade in |
- A. Visible good
- B. Invisibel goods
- C. Basic goods
- D. None real goods
|
| 4 |
A country does not trade with othr contries is called an economy |
- A. Open
- B. Closed
- C. Independent
- D. None
|
| 5 |
Invisible items in balce of payments include. |
- A. Foreign remittances
- B. Income from tourism
- C. Internet charges
- D. All the three
|
| 6 |
Final balance of the payment of a country is |
- A. Always balance
- B. Always dificit
- C. Always surplus
- D. Flucluates
|
| 7 |
In GNP of pakistan rises. It will encourage |
- A. Exports
- B. Imports
- C. Both
- D. None
|
| 8 |
Balance of payment of a country has major parts. |
|
| 9 |
It helps countries to meet deficit in balcne of payments. |
- A. IMF
- B. WTO
- C. World Bank
- D. UNO
|
| 10 |
Visible goods are recorded int his part of balance of payments account |
- A. Current account
- B. Capital account
- C. Govt account
- D. Official Account
|
