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Economics Practice Test 3

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

The Balance of Payments Accounting Principles Trivia Questions with Answers PDF, Balance of Payments Accounting Principles Quiz Answers PDF Download e-Book Ch. 3 to study Economics online course. Study Balance of Payments MCQ Questions PDF, balance of payments accounting principles Test for online bachelors degree. 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 business management degree online.

The Quiz: A statement that summarizes an economy's transactions with rest of world for a specified time period is known as; "Balance of Payments Accounting Principles" App (iOS & Android) with answers: Balance sheet; Transfer payments; Balance of payments; Summary statement; for business management degree online. Practice balance of payments questions and answers to improve problem solving skills for online courses for business management 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

  1. transfer payments
  2. balance sheet
  3. balance of payments
  4. summary statement
MCQ 12:

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

  1. intra-industry trade
  2. inter-industry trade
  3. gains from trade
  4. trade with specialization
MCQ 13:

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

  1. equilibrium
  2. profit maximization
  3. pareto efficiency
  4. 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

  1. risk criterion
  2. risk assessment
  3. risk value
  4. risk diversification
MCQ 15:

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

  1. opportunity cost
  2. accounting profit
  3. economic losses
  4. total cost

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Balance of Payments Accounting Principles App (Android & iOS)

Balance of Payments Accounting Principles App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (iOS & Android)

Business Statistics App (Android & iOS)

Business Statistics App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (iOS & Android)