In the equation B=Rf-Pf, Pf represents
A) Payments made by foreigners
B) Payments made to foreigners
C) Payments made to residents of a country
D) Payments made to exporters
Correct Answer:
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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
Q15: If export is less than import, there
Q17: The difference between exports and imports of
Q18: Under direct control measures, the government aims
Q19: Given the foreign exchange rate and prices
Q20: Devaluation results in
A)Increase in domestic price of
Q21: Undervaluation of currency encourages
A)Imports
B)Exports
C)Investments
D)None of the above
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