Question # 1

Visible imports include.

Choose an answer

Remittance

Machinery

Computer Software

Transport cost

It helps countries to meet deficit in balcne of payments.

Choose an answer

IMF

WTO

World Bank

UNO

Which of the following compares everage pricw of exports to avarage Price of imports.

Choose an answer

Balance of payments

Balance of trade

Terms of trade

Exchange of rate

Final balance of the payment of a country is

Choose an answer

Always balance

Always dificit

Always surplus

Flucluates

Visible exports include

Choose an answer

Remittance

Computer Hardware

Computer software

Transport cost

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

Choose an answer

Capital Account

Trade Account

Current account

Monetary account

Invisible items in balce of payments include.

Choose an answer

Foreign remittances

Income from tourism

Internet charges

All the three

In GNP of pakistan rises. It will encourage

Choose an answer

Exports

Imports

Both

None

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

Choose an answer

Open

Closed

Independent

None

If TOYOTA Company estalishes a factory in Pakistan this will be recorded in balance of payments in the section.

Choose an answer

Capital account

Visible balnce

Invisible balnce

Official financing

Balance of payment of a country has major parts.

Choose an answer

2

3

4

5

Flxible exchange rate sytem has the advantage.

Choose an answer

Automatic adjustment of balcne of payments

Easy to borrow form world bank

Encouragds exports

None of the above

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

Choose an answer

Current account

Capital account

Govt account

Official Account

If CDA gets a loan from world bank for roads it willbe recorded in the balnce of payments in section.

Choose an answer

Capital account

Visible balance

Invisible balance

Offiicial financing

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

Choose an answer

Fixed exchange

flexible

Constatn

Regulated

Pakistan exports as percentage GDP are.

Choose an answer

4%

8%

12%

16%

IMF has given loan to Pakistan. It wilimprove Pakistan's

Choose an answer

Current account

Capital Account

Overall balance of payments

B and c above

Balance of payments of country includes.

Choose an answer

Current account

Monetry Account

Capital Account

All of the above

IMF Means

Choose an answer

International Monetary Funds

Inernational Money Flow

International Money Forum

Internaional Monetary finance

Exports of goods is called trade in

Choose an answer

Visible good

Invisibel goods

Basic goods

None real goods

More Classes

Other Links

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

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer