Under direct control measures, the government aims at limiting
A) The volume of imports
B) The volume of exports
C) Both imports and exports
D) None of the above
Correct Answer:
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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
Q16: In the equation B=Rf-Pf, Pf represents
A)Payments made
Q17: The difference between exports and imports of
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
Q22: The equation Rf-Pf <0 denotes
A)Surplus in balance
Q23: Imports in balance of payments account are
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