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International Business MCQ - International Business Section 2

36 Under the "Par value system," each member country of IMF was required to define the value of its currency in terms of gold or the US dollar and to maintain the market value of its currency within

37 Which of the following is a function of WTO?

38 If a country differs from the rest of the world n taste patterns but not in production capabilities, the trade will lead to some international specialization in

39 The income terms of trade indicate a nation's capacity

40 The current account of the balance of payments includes

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Question:

The payment of interest on loans and dividend payments are recorded in the

A. Unilateral transfer account
B. Official settlements account
C. Capital account
D. Current account

Correct answer: C

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