| 1 |
Foreign exchange is used in |
- A. Local trade
- B. Regional trade
- C. Domestic trade
- D. International trade
|
| 2 |
Cheque is which kind of money: |
- A. Credit money
- B. Paper money
- C. Standard money
- D. Legal money
|
| 3 |
Recent international depression was appeared in: |
- A. 1936
- B. 1990
- C. 2005
- D. 2008
|
| 4 |
The base of international trade theory of Devid Ricardo is |
- A. Absolute advantage
- B. Comparative cost
- C. Cheaper cost
- D. Low cost
|
| 5 |
" International balance of payment is all that transaction for which either foreign exchange is spent or received." This definition is stated by |
- A. Prof. Marshal
- B. Prof.Samuelson
- C. Prof. Ricardo
- D. Prof. Hicks
|
| 6 |
Comparative cost theory is also called |
- A. Theory of comparison cost
- B. Theory of specialization of cost
- C. Theory of balanced cost
- D. Theory of specialization of production
|
| 7 |
The exchange of goods and services from country to country is called |
- A. Foreign
- B. National trade
- C. Corporate trade
- D. Domestic trade
|
| 8 |
The systematic record of the money value of visible exports and visible imports of one year of country is called |
- A. Balance of trade
- B. Balance of payment
- C. International balance
- D. External balance
|
| 9 |
Quantity theory of money was introduced by: |
- A. Fisher
- B. Marshall
- C. Crowther
- D. J.S Mill
|
| 10 |
Advantages of international trade are |
- A. One
- B. Two
- C. Three
- D. Many
|
