Payment to foreign country is a
A) Credit transaction
B) Debit transaction
C) Internal transaction
D) External transaction
Correct Answer:
Verified
Q4: Overvaluation of domestic currency makes
A)Foreign goods cheaper
Q5: Devaluation encourage
A)Exports
B)Imports
C)Both exports and imports
D)None of the
Q6: A systematic record of receipts and payments
Q7: The most important items in the current
Q8: Lending to foreign countries represents
A)Capital inflows
B)Capital outflows
C)Services
Q10: The category that do not includes in
Q11: The expression (X-M) denotes
A)The balance of trade
B)The
Q12: If the difference between exports and imports
Q13: The current account BOP deficit will be
Q14: In the equation Y=C+I+G+(X-M), G denotes
A)General expenditure
B)Government
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