Balance of Payments Test 02 Preparation Online Shani Malik — May 22, 2018 in Economics • add comment Balance of Payments Test 02 Preparation Online 1. Flexible exchange rate system has the advantage?A. None of the aboveB. Automatic adjustment of balance of payments C. Easy to borrow from world bankD. Encourages exports Loading... 2. IMF represents?A. International Money ForumB. International Money FlowC. International Monetary FundD. International Monetary Finance Loading... 3. Fixed exchange rate system has the advantage?A. Discourages unnecessary speculation about future trade dealsB. Increases govt. control over foreign tradeC. (b) and (c) of aboveD. Automatic adjustment of balance of payments Loading... 4. Visible exports include?A. Computer softwareB. Transport costC. RemittanceD. Computer hardware Loading... 5. The balance of payments account of a country includes?A. Both a and c of the aboveB. Official transfer of foreign exchangeC. Loans and aidD. Smuggling transactions Loading... 6. Visible goods are recorded in this part of balance of payments account?A. Official accountB. Capital accountC. Current accountD. Govt. account Loading... 7. Export of goods is called trade in?A. Invisible goodsB. Basic goodsC. Non-real goodsD. Visible goods Loading... 8. Export of goods is called trade in?A. Real goodsB. Invisible goodsC. Visible goodsD. Basic goods Loading... 9. If balance of payments of country is in deficit, then?A. The country can borrow from abroadB. Current account will be in deficit C. Country can increase money supply to meet deficitD. (a) and (c) of above Loading... 10. Visible imports include?A. RemittanceB. Transport costC. Computer softwareD. Machinery Loading... Loading... Related NTS Results Post:Balance of Payments Test 01 Preparation OnlineBalance of Payments Test 03 Preparation OnlineBalance of Payments Test 04 Preparation OnlineBiology Mcqs Test 06 Online PreparationCentral Bank Test 03 Online PreparationCentral Bank Test 02 Online PreparationCentral Bank Test 01 Online PreparationIslamiat Mcqs Test 02 Online Preparation