Sellers that handle their own exports are engaged in ?

Related Mcqs:

1. What is called the difference in the value of a nation’s imports over exports or exports over imports ?

   A. Trade deficit
   B. Trade simples
   C. Both a & b
   D. Not a nor b

2. Term a film that is engaged in two or more unrelated businesses ?

   A. Conglomerate
   B. Multinational
   C. giant
   D. Incorporation

3. How many persons in rural areas are engaged in livestock raising ?

   A. 25-30 million
   B. 35-40 million
   C. 20-30 million
   D. 30-35 million

4. Government levy tax on imports and exports What this tax is called ?

   A. Custom
   B. Exercise Duty
   C. Tariff
   D. Freight

5. For the United states, exports plus imports are about _____ of its gross national product?

   A. 5 percent
   B. 10 percent
   C. 25 percent
   D. 55 percent

6. In the calculation of gross domestic product net exports are ?

   A. the sum of merchandise trade and services
   B. the current account plus long-term capital
   C. the value of merchandise exports minus imports
   D. short-term capital plus the basic balance

7. S = Savings, I = domestic investment, X = exports of goods and services, and M = imports of goods and services Which of the following is true ?

   A. S – I = X = M
   B. S + I = X + M
   C. S = I – (X+M)
   D. S-I = X/M

8. _____ 1954 study of U.S trade patterns showed that U.S exports were labor-intensive compared with U.S imports, even though the United States was widely regarded as a relatively capital-abundant nation ?

   A. Paul Samuelson’s
   B. Wolfgang Stolpher’s
   C. Staffan Linder’s
   D. Wassily Leontief’s

9. The record of country’s imports and exports of goods and services is called its ?

   A. visible trade balance
   B. balance of trade
   C. balance of payments on current account
   D. balance of payments.

10. Suppose that the United Kingdom devalues the pound if both exports and imports are written in terms of pounds then the United Kingdom balance of trade during a currency contract period ?

    A. improves
    B. worsens
    C. is unaffected
    D. falls for a while before increasing