A. U.S
B. OECD
C. IMF
D. OPEC
Related Mcqs:
- Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?
A. increase in the money demand
B. decrease in the money demand
C. increase in the money demand
D. None of the above - Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?
A. decrease in the money supply
B. increase in the money supply
C. decrease in the money demand
D. None of the above - The difference between a country’s balance of payments and its balance of international indebtedness?
A. is equal to official reserve transactions
B. occurs because of foreign exchange fluctuations
C. reflects statistical discrepancies
D. reflects the difference between flow and stock concepts - The record of country’s transfers of land inter-government payments and money sent by migrants to and from abroad is called its ?
A. balance of payments
B. capital account of the balance of payments
C. financial account of the balance of payments
D. balance of payments on current account - The argument that U.S current account deficits cause net job losses for Americans ?
A. is true by definition in all possible circumstances
B. is supported by recent U.S history
C. focuses only on the overall economy and is thus always true
D. fails to recognize that a current account deficit is matched by an equal inflow of foreign funds which finances employment increasing investment spending - The Phrase “twin deficits” refers to ?
A. A country’s trade deficit and its government budget deficit
B. The fact that if a country has a trade deficit, its trading partners must also have trade deficits
C. the equality of a country’s saving deficit and its investment deficit
D. a country’s trade deficit and its net capital outflow deficit - If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?
A. falls; falls; falls; surplus
B. falls; rises; falls; surplus
C. is static; low; rises; deficit
D. rises; falls; rises; deficit - Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?
A. buy foreign exchange, sell domestic currency
B. sell foreign exchange buy domestic currency
C. buy foreign exchange buy domestic currency
D. sell foreign exchange sell domestic currency - Under which of the following conditions would you prefer to be the lender ?
A. The nominal rate of interest is 15 percent and the inflation rate is 14 percent
B. The nominal rate of interest is 20 percent and the inflation rate is 25 percent
C. The nominal rate of interest is 12 percent and the inflation rate is 9 percent
D. The nominal rate of interest is 5 percent and the inflation rate are 1 percent - The balance of payments is divided into two major accounts the ?
A. current account the capital account
B. current account the trade account
C. trade account the capital account
D. current account the reserve account
