A. Increase the volume of trade
B. Reduces the volume of trade
C. Has no effect on volume of trade?
D. A and C of above
Related Mcqs:
- Cost of production plus a fixed rate of profit is called ?
A. cost plus
B. Cost effective
C. End price
D. Consumer price - What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?
A. National debt
B. Public debt
C. Both of them
D. None of them - Term a film that is engaged in two or more unrelated businesses ?
A. Conglomerate
B. Multinational
C. giant
D. Incorporation - A piece of land and whatever physical property is on it is called?
A. Solid asset
B. Unmovable property
C. Real estate
D. Property - What is called the trade without restriction of tariffs, quotas, or foreign exchange controls ?
A. Open trade
B. Free trade
C. Open sky trade
D. Easy trade - Which of the following payment instruments introduced by the banks is known as plastic money ?
A. Bearer cheques
B. Credit Cards
C. Demand Drafts
D. Gift Cheques - The branch banking system is in vogue in most countries of the world. In which country was it first developed?
A. South Africa
B. UK
C. Canada
D. Australia - What is called increased demand for a limited supply of goods and service result of which is increase in consumer prices ?
A. Demand push
B. Demand pulls
C. Cost pull
D. Demand supply - How is termed equal rights of trade of trade without giving monopolies or preferences to an individual country ?
A. Open door market
B. Open door country
C. Open sky market
D. Free economy - Developments in a national economy can affect the outcome of an international financial transaction. What this process is called ?
A. International economic risk
B. Country economic risk
C. Ultra-country economic risk
D. Outcome risk
