12th Grade > Economics - 2
THE OPEN ECONOMY MCQs
Total Questions : 18
| Page 2 of 2 pages
Answer: Option C. -> Direct
:
C
The supply of foreign exchange varies positively and directly with the exchange rate.
:
C
The supply of foreign exchange varies positively and directly with the exchange rate.
Answer: Option D. -> All of these
:
D
The capital account looks at NRI deposits, loans and foreign investment.
:
D
The capital account looks at NRI deposits, loans and foreign investment.
Answer: Option A. -> -400
:
A
The trade balance is exports minus imports.
:
A
The trade balance is exports minus imports.
Answer: Option C. -> both of the given options
:
C
Autonomous items have profit-motive and take place regardless of the BoP.
:
C
Autonomous items have profit-motive and take place regardless of the BoP.
Answer: Option A. -> handles transactions of foreign exchange meant for future delivery
:
A
Forward market deals with foreign exchange transactions that are meant for future delivery.
:
A
Forward market deals with foreign exchange transactions that are meant for future delivery.
Answer: Option C. -> Non-factor service payment
:
C
Payment for shipping is a non-factor service payment.
:
C
Payment for shipping is a non-factor service payment.
Answer: Option B. -> Services
:
B
Services are invisible items.
:
B
Services are invisible items.
Answer: Option B. -> False
:
B
PepsiCo is an enterprise so it is part of foreign direct investment.
:
B
PepsiCo is an enterprise so it is part of foreign direct investment.
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