The record of a country’s imports and exports of of goods and services plus net investment incomes and current transfers of money to and from abroad, is called its ?

Related Mcqs:

1. 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...

2. 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...

3. 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....

4. 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...

5. The record of a county’s transfers of shareholding property and bank deposits to and from abroad is called its ?

   A. financial account on the balance of payments. B. balance of payments C. balance of payments on current account D. capital account of the balance of payments...

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

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

7. 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...

8. GDP plus net property income from abroad equals what ?

   A. GNP B. NNP C. Depreciation D. Real GDP...

9. What is called the difference in the money value between exports and imports during the specific period of time ?

   A. Balance of payment B. Balance sheet C. Terms of trade D. Balance of trade...

10. A tax on imports exports, or consumption goods is called ?

    A. Drawback B. Duty C. Custom D. Excise...