Basic Of Economics | Test For NTS PPSC FPSC, TEST

A. Unlawful agreement between manufacturers to set and maintain specified price on typically competing products
B. Artificial setting of price of commodity by government
C. Both of them
D. None of them

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Category: Basic of Economics

Point out the use of the term price fixing ?

Bank issued a document that authorizes the bearer to receive money from one of its foreign branches or from another bank abroad. What such document is called ?

Exchange rate of which of the following currencies falls because of persistent balance of payments deficit ?

A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle ?

Which measures. taken by a government would be intended to raise the price of imports ?

What is called the advocacy of protecting domestic producers by impeding or limiting the importation of foreign goods and services ?

Which of the following payment instruments introduced by the banks is known as plastic money ?

How is termed the economic theories or Maynard Keynes especially those which advocate government monetary and fiscal and stimulate business activity ?

Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?

Mention an international trade policy competitive devaluation and increased protective barriers that one country institute to gain at the expense of its trading partners ?