CSS :: Balance of Payments
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11. |
It helps countries to meet deficit in balance of payments: |
Answer: Option A
Explanation:
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12. |
The balance of payments of country means |
A. |
Balance in income and expenditure of govt. |
B. |
Balance in demand and supply of money |
C. |
Balance in export and import earnings |
D. |
The annual account of foreign trade |
Answer: Option D
Explanation:
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13. |
Pakistan's exports are part of our GDP: |
Answer: Option B
Explanation:
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14. |
What would cause a country's exchange rate to fall: |
A. |
An increased demand for its exports |
B. |
An increased demand for its imports |
C. |
An increased in flow of capital |
D. |
None of the above |
Answer: Option B
Explanation:
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15. |
Which of the following must always balance: |
A. |
Balance of visible trade |
B. |
Balance of invisible trade |
C. |
Balance on the current account |
D. |
Balance of payments |
Answer: Option D
Explanation:
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16. |
What will be expected result if the value of rupee falls against dollar? |
A. |
The price of Pakistani goods in USA will rise |
B. |
The price of American goods in USA will fall |
C. |
The price of American goods in USA with fall |
D. |
The price of American goods in Pakistan will rise |
Answer: Option D
Explanation:
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17. |
If Toyota Company, establishes a factory in Pakistan, this will be recroded in balance of payments in the section: |
A. |
Capital account |
B. |
Visible balance |
C. |
Invisible balance |
D. |
Official financing |
Answer: Option A
Explanation:
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18. |
If CDA (Capital Development Authority, Islamabad) gets a loan from World Bank for roads, it will be recorded in the balance of payments in section: |
A. |
Capital account |
B. |
Visible balance |
C. |
Invisible balance |
D. |
Official financing |
Answer: Option A
Explanation:
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19. |
Which of the following must always balance? |
A. |
Balance of visible trade |
B. |
Balance of invisible trade |
C. |
Balance on the current balance |
D. |
Balance of payments |
Answer: Option D
Explanation:
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20. |
Which of the following compares the average price of exports to average price of imports? |
A. |
The balance of payments |
B. |
The balance of trade |
C. |
The exchange rate |
D. |
The terms of trade |
Answer: Option D
Explanation:
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