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CSS :: Balance of Payments


11.  It helps countries to meet deficit in balance of payments:
A. IMF B. WTO
C. World Bank D. UNO

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

13.  Pakistan's exports are part of our GDP:
A. 5% B. 15%
C. 25% D. 35%

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

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

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

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

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

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

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




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