Related Mcqs:

1. All the goods and services produced in a country in a year plus other sources of income for example foreign exchange earnings, foreign aid, foreign remittance, loans etc are called ?

   A. GDP
   B. NNp
   C. NDP
   D. GNP

2. Transfer of funds to a foreign country by a local citizen by business ?

   A. Dumping
   B. Anti dumping
   C. Capital flight
   D. Brain

3. Private or public debt owed to foreign citizens firms and institutions ?

   A. External debt
   B. Internal debt
   C. Loan
   D. None

4. A section in a nation’s international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?

   A. Current account
   B. Fixed account
   C. Saving account
   D. Capital account

5. A market in which money of one nation can be used to purchase the money of other nation is called____________________?

   A. Money market
   B. International market
   C. Foreign exchange market
   D. All of these

6. The rate of exchange of one nation’s currency for another nation’s currency?

   A. Exchange rate appreciation
   B. Exchange rate depreciation
   C. Exchange rate determinant
   D. None of these

7. The transfer of savings from developing countries to industrially advanced countries to avoid govt. expropriation, taxation and high rates of inflation is_________________?

   A. capital flight
   B. capital account
   C. capital deficit
   D. All of these

8. A bank which lends to developing nations to help them increase their capital stock and this achieve economic growth ?

   A. IMF
   B. Islamic Bank
   C. Commercial bank
   D. None

9. Rates of open unemployment in developing world average ?

   A. 20-40%
   B. 8-15%
   C. 35-45%
   D. 40-60%

10. The emigration of highly skilled and educated professionals and technical man power from developing to developed countries?

    A. Capital flight
    B. Immigration
    C. Brain Drain
    D. All