Economics MCQs

Page No. 365

The balance of payments is divided into two major accounts the ?


acurrent account the capital account


bcurrent account the trade account


ctrade account the capital account


dcurrent account the reserve account



The record of a country’s transactions in goods, services and assets with the rest of the world is its ?


a balance of trade


b capital account


c current account


dbalance of payments


View Answer balance of payments

Direct investment and security purchases are classified as ?


a capital account transactions


bcurrent account transactions


cunilateral transfer transactions


dmerchandise trade transactions



The argument that U.S current account deficits cause net job losses for Americans ?


ais true by definition in all possible circumstances


bis supported by recent U.S history


cfocuses only on the overall economy and is thus always true


dfails to recognize that a current account deficit is matched by an equal inflow of foreign funds which finances employment increasing investment spending



In balance of payments accounting tourism and travel are classified in the ?


amerchandise trade account


bservices account


c unilateral transfers account


dcapital account


View Answer services account

Purchases of government securities in the United States by foreigners is ?


aa credit item in the current account


ba debit item in the capital account


ca credit item in the capital account


da debit item in the current account



In the calculation of gross domestic product net exports are ?


athe sum of merchandise trade and services


bthe current account plus long-term capital


cthe value of merchandise exports minus imports


dshort-term capital plus the basic balance



A nation wishing to reduce its current account deficit would be advised to ?


aengage in more government spending


b reduce government taxes


cincreases private investment spending


ddecrease domestic consumption



Current account deficit are offset by______________?


amerchandise trade deficits


bmerchandise trade surpluses


ccapital/financial account surpluses


dcapital/financial account deficits



Debit entries on the balance of payments are the entries that would ?


amean a loss of foreign exchange


b bring foreign exchange into the country


cindicate a surplus exist


dexist at the bottom line after all accounts are totaled



Goto Page No.

Page 365 of 444

Alphabetical MCQs Categories

Here below You find all kind of categories of MCQs in alphabetical order.


"Comprehensive Collection of MCQs: Alphabetically Organized by Subject"

"Discover an extensive collection of multiple-choice questions (MCQs) neatly categorized by subject from A to Z. This resource is designed for anyone eager to explore various topics in a straightforward and organized manner. Whether you're a student preparing for exams, an educator seeking supplementary materials, or simply curious about different subjects, this compilation offers a convenient way to learn and assess your knowledge. With questions arranged alphabetically, navigation is effortless, allowing you to delve into subjects of interest at your own pace. Engage, learn, and expand your understanding with this accessible and comprehensive repository of MCQs!"


BolPakistan

bolpakistan.com.pk includes Job Mcqs and Pak Mcqs is the Top Largest Mcqs Forum in World, in which you can read Mcqs of All Subjects, PPSC test preparation, FPSC, NTS and PPSC PAST PAPERS, PPSC PAST MCQS. A Collection of Repeated MCQs for JOBs seekers.

Copyright © 2024, Designed & Developed by BolPakistan