If a large car importer in the Pakistan wants to import many cars, then the exchange value of the Pak rupees will tend to ?

Related Mcqs:

1. In the Px = export price index, Pm = import price index, Qx = export quantity index,and Qm = import quantity index. Developing countries tend to maintain that their commodity term of trade have declined over the long run suggesting that _________ has declined?

   A. Px/Pm B. Pm/Px C. (Pm/Px)Qm D. (Px/Pm)Qx...

2. Similar to import tariffs import quotas tend to result in ?

   A. higher prices and reduced imports B. increased government revenue C. increased consumer surplus D. decrease producer surplus...

3. If Toyota describes one of its cars of the future as being a moderately priced subcompact designed as a second family car to be used arround town; the car is ideal for running errands and visiting friends, then the company has just stated a potential new product in terms of a(n) ?

   A. Product idea B. Product image C. Product concept D. Product features...

4. Nicole wants to avoid buying a car that is a lemon. She takes a car she would like to buy to her mechanic before she purchases it. This is known as ?

   A. screening B. signaling C. moral hazard D. adverse selection...

5. If currency dealers expect the value of the pound to fall, the exchange value will tend to ?

   A. depreciate B. not be affected C. fluctuate more than it would do therwise D. appreciate...

6. If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ?

   A. depreciate B. not be affected C. fluctuate more than if it were at peace D. appreciate...

7. If Pakistan’s incomes rise faster than those in most other countries the the exchange value will tend to ?

   A. fluctuate more than it would do otherwise B. appreciate C. depreciate D. not be affected...

8. If the Pakistan receives larger than expected revenues from exports then the exchange value of its currency will tend to ?

   A. not be affected B. fluctuate more than if exports were lower C. depreciate D. appreciate...

9. Which exchange rate system involves a leaning against the wind|| strategy in which short-term fluctuations in exchange rates are reduced without adhering to any particular exchange rate over the long run ?

   A. pegged of fixed exchange rates B. adjustable pegged exchange rates C. managed floating exchange rates D. free floating exchange rates...

10. If the US economy is forecast to come out of recession because military expenditure has increase then the exchange value of the UK pound will tend to ?

    A. depreciate B. not be affected C. fluctuate more than it would do therwise D. appreciate...