The most important items in the current account are
A) Foreign aid and pensions
B) Private remittances and gifts
C) Merchandise exports and imports
D) Transportation and insurance
Correct Answer:
Verified
Q2: 'twin deficits' refer to revenue deficit and
A)Capital
Q3: Measurement of deficit or surplus in the
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
Q8: Lending to foreign countries represents
A)Capital inflows
B)Capital outflows
C)Services
Q9: Payment to foreign country is a
A)Credit transaction
B)Debit
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
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