Top 250+ Solved Business Economics MCQ Questions Answer
Q. Which of these are objectives of import quotas?
a. Correcting disequilibrium in the balance of payment
b. To allow dumping
c. To allow speculative activities
d. To allow excess supply in the domestic economy
Q. In the _ account, only transactions relating to goods are entered.
a. invisible account
b. Capital account
c. trade
d. Current account
Q. _ means a decline in the rate of exchange of one country in terms of another’s.
a. Deflation
b. Tariff
c. Exchange Depreciation
d. exchang devaluation