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Economics Practice Test 3

Balance of Payments Accounting Principles Quiz PDF: Questions and Answers - 3

The e-Book Balance of Payments Accounting Principles Trivia Questions and Answers, balance of payments accounting principles Quiz MCQs PDF, chapter -3 to study online Economics degree courses. Study Balance of Payments MCQ Questions PDF, balance of payments accounting principles Test for online courses. The Balance of Payments Accounting Principles Trivia App Download: Free learning app for 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.

The Quiz: A statement that summarizes an economy's transactions with the rest of the world for a specified time period is known as, "Balance of Payments Accounting Principles" App Download (Android & iOS) Free with answers balance sheet, transfer payments, balance of payments and summary statement for online economics degree programs. Practice balance of payments questions and answers to improve problem solving skills for online business and administration degree.

Balance of Payments Accounting Principles Questions and Answers PDF Download: Quiz 3

MCQ 11: A statement that summarizes an economy's transactions with the rest of the world for a specified time period is known as

A) transfer payments
B) balance sheet
C) balance of payments
D) summary statement

MCQ 12: The trade of products that belongs to same industry is known to be as

A) intra-industry trade
B) inter-industry trade
C) gains from trade
D) trade with specialization

MCQ 13: When firm's marginal revenue is equals to the firm's marginal cost, that situation is known as

A) equilibrium
B) profit maximization
C) pareto efficiency
D) efficient scale

MCQ 14: The process of allocating capital in a way that reduces the exposure to any one particular asset or risk is known to be as

A) risk criterion
B) risk assessment
C) risk value
D) risk diversification

MCQ 15: Economic profit is concerned with implicit cost, explicit cost as well as

A) opportunity cost
B) accounting profit
C) economic losses
D) total cost

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BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)