Question # 1

The four factor payments are.

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Money, Capital, salaries, and income

Wages, rent internest and profts

Money, power, Prices, and wwalth

Wags, intrest, salareis,andtaxes.

All are advantages of oreign trade Except.

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People get foreign exchange

Difference in politicla system

Difference in markets

Difference in ideology

The largest type fo in come in the Pakistan is

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Compensation of employees

Propretors income

Rental income

Corporate profits

Pakistan is not a memebr of

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IMF

ECO

OPEC

World Bank

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

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Open

Closed

Independent

None

Foreign Trade are

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Benefits developed countries

Benefits underdeveloped countires

Benefits all countries

Benefits democretive countries

Which shows equilibrium of national income

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Consumption = investment

Saving = investment

Saving > investment

Saving < investment

This will cause decrease in natioal income.

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Rise in exports

Rise in saving

Increas in taxese

B and C above

Population Growth rate in Pakistan is

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0.9%

19%

2.9 %

3.9%

It increses rae of capita formation

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Less saving

New Technology

Rapid Population growth

High Intrest

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

Per capita Incom is.

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Income per worker

Incomeper hea

Income per household

Income per industrial unit

Speculative demand for money depends upon

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Income

Investment

Rate of Interest

Central bank

Consumption spending does NOT include.

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Household's purchases of clothes

Household's purchase of a car

Household's paymnet of rent for an apartment

Household's purchase of shares of a business corporation

Foregn trade creates among countries.

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Conficits

Cooperation

Hatred

None

Demand deposite mean

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Saving account

Chequeable deposits

Profit loss account

Time deposits

It is included in kind of money

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Legal money

Credit money

Taken money

All of the above

National Income is.

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Total Income earned in producing the national product

All taxes plus govt. spending

Sum of personal income and saving

NNP minus the capital consumption allowance

Pakistan needs

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Economic planning

Population Planning

Educational Planning

All of the above

Visible exports include

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Remittance

Computer Hardware

Computer software

Transport cost

Two countries can gain from foreign trade if

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Cost ratios are differnet

Traiff rates are different

Price ratios are different

a and c above

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