Question # 1

Exchange rate for currencies is determined by supply and demand in system of.

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Fixed exchange

flexible

Constatn

Regulated

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

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Capital Account

Trade Account

Current account

Monetary account

Balance of payment of a country has major parts.

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2

3

4

5

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

Final balance of the payment of a country is

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Always balance

Always dificit

Always surplus

Flucluates

Balance of payments of country includes.

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Current account

Monetry Account

Capital Account

All of the above

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

Visible imports include.

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Remittance

Machinery

Computer Software

Transport cost

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

Pakistan exports as percentage GDP are.

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4%

8%

12%

16%

IMF Means

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International Monetary Funds

Inernational Money Flow

International Money Forum

Internaional Monetary finance

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

In GNP of pakistan rises. It will encourage

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Exports

Imports

Both

None

Visible exports include

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Remittance

Computer Hardware

Computer software

Transport cost

Flxible exchange rate sytem has the advantage.

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Automatic adjustment of balcne of payments

Easy to borrow form world bank

Encouragds exports

None of the above

Exports of goods is called trade in

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Visible good

Invisibel goods

Basic goods

None real goods

Invisible items in balce of payments include.

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Foreign remittances

Income from tourism

Internet charges

All the three

A country does not trade with othr contries is called an economy

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Open

Closed

Independent

None

It helps countries to meet deficit in balcne of payments.

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IMF

WTO

World Bank

UNO

Visible goods are recorded int his part of balance of payments account

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Current account

Capital account

Govt account

Official Account

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