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WorksheetsFT III
Total questions: 10
Worksheet time: 5mins
Long run disequilibrium is termed by IMF as
Secular disequilibrium
cyclical disequilibrium
Fundamental disequilibrium
secular disequilibrium
Autonomous items are also termed as
Below the line items
Line items
Above the line items
None of the above
Which of the following does NOT impact the trade balance of a country?
currency valuations
competitiveness of domestic firms
Recession in countries who are trading partners
GDP
If a country had $1 million in exports and $1.5 million in imports, what would the trade balance be?
$1 million surplus
$2.5 million surplus
$500,000 deficit
$500,000 surplus
Which of the following is NOT part of the balance of payments?
Current account
capital account
unilateral account
treasury account
Which of the following would be an appropriate policy to reduce a balance of payments deficit?
increase in government spending
cut in level of international taxes
an increase in interest rates
a decrease in interest rates
A disequilibrium caused due to change in tastes and preferences, war, technology etc
cyclical disequilibrium
structural disequilibrium
short run disequilibrium
long run disequilibrium
These items are independent of state of affairs of BOP
autonomous items
accommodating items
errors and omissions
none of the above
when Reliance / any Indian company invests abroad, it amounts to
Capital inflow
Capital outflow
unilateral transaction
all of the above
Capital transactions are not recorded in
Balance of Trade
Balance of payment
Reserve account
Errors and omissions
