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

Related Mcqs:

If the exchange rate between the UK and Japan changes from £1 = 100 yen to £1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

A. will remain the same B. will decrease C. will increase D. could either increase of decrease...

The competitive advantage from a devaluation is likely to be offset by _______ and ________?

A. higher import prices, higher wages increases B. lower export prices, lower imports volumes C. higher import prices, lower export prices D. higher wage increases lower import volumes...

The demand for ice-cream is lower outside of summer causing lower demand for ice-cream salesman if they cannot find other work, this is called _______ unemployment?

A. Regional B. structural C. seasonal D. demand-deficient...

As prices rise. People will want to keep more money as cash and in bank accounts This is called ?

A. real balance effect. B. cash ratio. C. money illusion. D. menu costs of inflation....

A current account deficit means that a country may ?

A. reduce its stock of foreign assets B. increase its stock of foreign assets C. increases its savings D. increases its foreign currency reserves...