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Balance of Payments Accounting Principles Questions and Answers PDF Download 78

Practice Balance of Payments Accounting Principles trivia questions and answers, balance of payments accounting principles quiz answers PDF to solve economics mock test 78 for online degrees. Practice "Balance of Payments" trivia questions and answers, balance of payments accounting principles multiple choice Questions and Answers (MCQ) to solve balance of payments accounting principles test with answers for online university degrees. Free balance of payments accounting principles MCQs, 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 online business administration and management degree.

"When the country's imports more goods, services and capital than it exports, it is called", balance of payments accounting principles Multiple Choice Questions (MCQ) with choices deficit balance of payment, surplus balance of payments, net outflow, and net inflow for bachelor's degree in business. Learn balance of payments questions and answers with free online certification courses for accredited online schools for business management.

Trivia Quiz on Balance of Payments Accounting Principles PDF Download 78

Balance of Payments Accounting Principles Quiz

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

  1. surplus balance of payments
  2. deficit balance of payment
  3. net outflow
  4. net inflow

B

Mercantilist's View on Trade Quiz

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

  1. production
  2. opportunity cost
  3. marginal cost
  4. gains from trade

B

General Equilibrium Analysis Quiz

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

  1. price-setters
  2. buyers
  3. price-takers
  4. sellers

C

Factor Intensity, Factor Abundance, & Shape of Frontier Curve Quiz

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

  1. capital intensive
  2. labor intensive
  3. individual intensive
  4. economy intensive

A

Taxes Quiz

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

  1. supply curve
  2. demand curve
  3. indifference curve
  4. isoquant

A