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.Management Sciences
A. a recession
B. a trade surplus
C. a trade deficit
D. an expansion.
Related Mcqs:
- Unemployment resulting from changes in the pattern of demand or supply in the economy is called _______ unemployment?
- A. regional B. technological C. structural D. demand-deficient...
- When the $/£ exchange rate rises the pound _____ and when the $/£ rates falls the pound ________?
- A. depreciates, appreciates B. revalues, devalues C. appreciates, depreciates D. becomes more expensive becomes cheaper...
- The Maastricht criteria for entry to the EMU are that applicants should have ?
- A. low inflation B. low interest rates C. stable nominal exchange rates D. budget deficits and government debt under control E. all of the above...
- 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...
- perfect international capital mobility suggests that international funds will be responsive to ________ differentials?
- A. current account B. interest rate C. tax D. price...
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