Question # 1

Flxible exchange rate sytem has the advantage.

Automatic adjustment of balcne of payments

Easy to borrow form world bank

Encouragds exports

None of the above

Invisible items in balce of payments include.

Foreign remittances

Income from tourism

Internet charges

All the three

Balance of payments of country includes.

Current account

Monetry Account

Capital Account

All of the above

Balance of payment of a country has major parts.

2

3

4

5

ICS Part 2 Economics English Medium Chapter 8 Online Test MCQs With Answers