The Balance of Payments & The National Economy Mcqs
The Balance of Payments & The National Economy Mcqs, this topic has 83 mcqs, It takes five to ten minutes to complete this free The Balance of Payments & The National Economy Mcqs test. You will see 4 or 5 option of each question. You must choose / think only one option and then press on answer key for check right answer. Practice "The Balance of Payments & The National Economy Mcqs" MCQs and share with your friends, brothers, sisters.
The Balance of Payments & The National Economy Mcqs (Total Quiz: 83)
MCQ: The U.S balance of payments is constructed by ?
- the U.S Department of labor
- the U.S Department of Agriculture
- the U.S Department of commerce
- the council of Economic Advisers to the President
C
MCQ: The role of _______ is to direct one nation’s savings into investments of another nation?
- merchandise trade flows
- services flows
- current account flows
- capital flows
D
MCQ: All of the following are debit items in the balance of payments except ?
- capital outflows
- merchandise exports
- private gifts to foreigners
- foreign aid granted to other nations
B
MCQ: A country’s transactions with the rest of the world are recorded in the ?
- balance of international indebtedness
- balance of financial transactions
- balance of payments
- income statements
C
MCQ: When all of the debit or credit items in the balance of payments are combined ?
- merchandise imports equal merchandise exports
- capital imports equal capital exports
- services exports equal services imports
- the total surplus or deficit equals zero
D
MCQ: Credit (+) items in the balance of payments correspond to anything that ?
- involves receipts from foreigners
- involves payments to foreigners
- increases the domestic money supply
- decreases the demand for foreign exchange
A
MCQ: For the first time since World War I, in the mid-1980s the United States became a net international ?
- exporter
- importer
- debtor
- creditor
C
MCQ: The difference between the balance on current account and the balance on capital account is the ?
- statistical discrepancy
- balance of payments
- balance of trade
- trade deficit
A
MCQ: Which of the following statements is True ?
- The overall sum of all the entries in the balance of payments must be positive
- A country runs a current account surplus if it sells more of its assets abroad than it buys abroad
- A country runs a capital account deficit if it imports more than it exports
- If the current account is in surplus the capital account must be in deficit
D
MCQ: The balance of payments is divided into two major accounts the ?
- current account the capital account
- current account the trade account
- trade account the capital account
- current account the reserve account
A