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.Management Sciences
Category: Basic of Economics
Name the money of county that is expected to drop in value relative to other currencies?
A. Local currency
B. Cold currency
C. Lime currency
D. Soft currency
Treasury bill is used for_________________?
A. Getting short term loans
B. Getting long term loans
C. Treasury bill in not credit instrument
D. Treasury bill is a govt. tax bill
What is called the price that a potential buyer is willing to pay for a security ?
A. Bid
B. Offer price
C. Quote price
D. None of these
What would reduce the role of central planning in a economy ?
A. Increasing government spending
B. Increasing public ownership of firms
C. Increasing the role of markets
D. Removing the profit motive
What could a government do to correct the current account deficit ?
A. Reduce the deficit on the balance of trade
B. Reduce the repayment of loans
C. Reduce the surplus on the capital account
D. Reduce the volume of exports
What is write-Off?
A. Charging an asset amount to expense of loss
B. To forget
C. To withdraw
D. None of these
Common market is an agreement between two or more countries. What this agreement permits ?
A. Free movement of capital and labor
B. Free movement of goods and services
C. Both of them
D. None of them
There is method by which one currency is bought, sold or valued in terms of other currencies, gold or accounting units such as the Special Drawing Right of IMF. What is it called ?
A. Currency exchange
B. Currency value
C. Currency value
D. Exchange rate
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
What is Dumping ?
A. Sale of goods in large quantities with high quality
B. Sale of goods in large quantities with low quality
C. Sale of goods in large quantities and at a low price
D. Sale of goods in large quantities with high price
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