Question # 1

If TOYOTA Company estalishes a factory in Pakistan this will be recorded in balance of payments in the section.

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Capital account

Visible balnce

Invisible balnce

Official financing

If CDA gets a loan from world bank for roads it willbe recorded in the balnce of payments in section.

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Capital account

Visible balance

Invisible balance

Offiicial financing

IMF has given loan to Pakistan. It wilimprove Pakistan's

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Current account

Capital Account

Overall balance of payments

B and c above

Which of the following compares everage pricw of exports to avarage Price of imports.

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Balance of payments

Balance of trade

Terms of trade

Exchange of rate

Final balance of the payment of a country is

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Always balance

Always dificit

Always surplus

Flucluates

Balance of payment of a country has major parts.

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2

3

4

5

Pakistan exports as percentage GDP are.

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4%

8%

12%

16%

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

In GNP of pakistan rises. It will encourage

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Exports

Imports

Both

None

The receipt of payments for goods exported and imported are counted in .

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Capital Account

Trade Account

Current account

Monetary account

Invisible items in balce of payments include.

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Foreign remittances

Income from tourism

Internet charges

All the three

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Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test MCQs With Answers

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