Balance of Payments Test 01 Preparation Online Shani Malik — May 22, 2018 in Economics • add comment Balance of Payments Test 01 Preparation Online 1. Which of the following compares the average price of exports to average price of imports?A. The terms of tradeB. The exchange rateC. The balance of tradeD. The balance of payments Loading... 2. Which of the following must always balance?A. Balance on the current balanceB. Balance of invisible tradeC. Balance of paymentsD. Balance of visible trade Loading... 3. What will be expected result if the value of rupee falls against dollar?A. The price of American goods in USA with fallB. The price of American goods in USA will fallC. The price of Pakistani goods in USA will riseD. The price of American goods in Pakistan will rise Loading... 4. It helps countries to meet deficit in balance of payments?A. IMFB. UNOC. World BankD. WTO Loading... 5. Which of the following must always balance?A. Balance of invisible tradeB. Balance of paymentsC. Balance on the current accountD. Balance of visible trade Loading... 6. The balance of payments of country means?A. Balance in demand and supply of moneyB. The annual account C. Balance in income and expenditure of govtD. Balance in export and import earnings Loading... 7. What would cause a country's exchange rate to fall?A. An increased demand for its importsB. An increased in flow of capitalC. An increased demand for its exportsD. None of the above Loading... 8. If Toyota Company, establishes a factory in Pakistan, this will be recroded in balance of payments in the section?A. Official financingB. Visible balanceC. Invisible balanceD. Capital account Loading... 9. 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. Visible balanceB. Official financingC. Invisible balanceD. Capital account Loading... 10. Pakistan's exports are part of our GDP?A. 5%B. 15%C. 25%D. 35% Loading... Loading...
