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Balance of Payments Accounting Principles Trivia Questions and Answers PDF p. 3


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Balance of Payments Accounting Principles MCQ questions and answers, balance of payments accounting principles quiz answers PDF 3 to practice Economics exam questions for online classes. Practice Balance of Payments MCQ questions, balance of payments accounting principles Multiple Choice Questions (MCQ) for online college degrees. Balance of Payments Accounting Principles Quizzes PDF: what are costs?, motives for international capital flows, what is competitive market?, production possibility frontier with increasing costs, balance of payments accounting principles test prep for online colleges for business management.

"A statement that summarizes an economy?s?transactions?with the rest of the world for a specified time period is known as" MCQ PDF with choices balance sheet, transfer payments, balance of payments, and summary statement for online bachelor's degree in business administration. Learn balance of payments questions and answers to improve problem solving skills for online business and administration degree.

Trivia Quiz on Balance of Payments Accounting Principles MCQs

MCQ: A statement that summarizes an economy?s?transactions?with the rest of the world for a specified time period is known as

transfer payments
balance sheet
balance of payments
summary statement

MCQ: The trade of products that belongs to same industry is known to be as

intra-industry trade
inter-industry trade
gains from trade
trade with specialization

MCQ: When firm's marginal revenue is equals to the firm's marginal cost, that situation is known as

profit maximization
pareto efficiency
efficient scale

MCQ: The process of allocating capital in a way that reduces the exposure to any one particular asset or risk is known to be as

risk criterion
risk assessment
risk value
risk diversification

MCQ: Economic profit is concerned with implicit cost, explicit cost as well as

opportunity cost
accounting profit
economic losses
total cost

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