| 1 |
Exports of goods is called trade in |
- A. Visible good
- B. Invisibel goods
- C. Basic goods
- D. None real goods
|
| 2 |
A country does not trade with othr contries is called an economy |
- A. Open
- B. Closed
- C. Independent
- D. None
|
| 3 |
Final balance of the payment of a country is |
- A. Always balance
- B. Always dificit
- C. Always surplus
- D. Flucluates
|
| 4 |
If TOYOTA Company estalishes a factory in Pakistan this will be recorded in balance of payments in the section. |
- A. Capital account
- B. Visible balnce
- C. Invisible balnce
- D. Official financing
|
| 5 |
Pakistan exports as percentage GDP are. |
- A. 4%
- B. 8%
- C. 12%
- D. 16%
|
| 6 |
Invisible items in balce of payments include. |
- A. Foreign remittances
- B. Income from tourism
- C. Internet charges
- D. All the three
|
| 7 |
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
|
| 8 |
Visible imports include. |
- A. Remittance
- B. Machinery
- C. Computer Software
- D. Transport cost
|
| 9 |
It helps countries to meet deficit in balcne of payments. |
- A. IMF
- B. WTO
- C. World Bank
- D. UNO
|
| 10 |
Visible exports include |
- A. Remittance
- B. Computer Hardware
- C. Computer software
- D. Transport cost
|
