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Economics Practice Test 78

Balance of Payments Accounting Principles MCQ (Multiple Choice Questions) PDF - 78

Free Balance of Payments Accounting Principles Multiple Choice Questions and Answers (MCQs) PDF Download (Balance of Payments Accounting Principles MCQs PDF Book), test 78 to learn online Economics degree courses. Study Balance of Payments MCQ Questions PDF, balance of payments accounting principles Test for online courses. Free educational app: Balance of Payments Accounting Principles MCQs App Download & e-Book for taxes, factor intensity, factor abundance, and shape of frontier curve, general equilibrium analysis, mercantilist's view on trade, balance of payments accounting principles test prep for accredited online business schools.

The MCQs: When the country's imports more goods, services and capital than it exports, it is called; "Balance of Payments Accounting Principles" App Download (iOS & Android) Free with answers deficit balance of payment, surplus balance of payments, net outflow and net inflow to learn distance learning courses. Practice balance of payments questions and answers to improve problem solving skills for online BBA degree.

Balance of Payments Accounting Principles Questions and Answers PDF Download: Quiz 78

MCQ 386: When the country's imports more goods, services and capital than it exports, it is called

A) surplus balance of payments
B) deficit balance of payment
C) net outflow
D) net inflow

MCQ 387: The gradient in the graph of production possibility curve shows the worth of

A) production
B) opportunity cost
C) marginal cost
D) gains from trade

MCQ 388: The import-supply curve is infinitely inelastic, where the small countries are supposed to be as

A) price-setters
B) buyers
C) price-takers
D) sellers

MCQ 389: Web hosting, car manufacturing and oil extraction and refining are the best examples of

A) capital intensive
B) labor intensive
C) individual intensive
D) economy intensive

MCQ 390: A situation where there is reduction of incentives will result in decrease in the production of goods or services will shifts the

A) supply curve
B) demand curve
C) indifference curve
D) isoquant

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