International Business - International Business Questions

16:  
In the balance of payment, unrequired receipts are entered as
A.

Debit entry

B.

Credit entry

C.

Separate entry

D.

None of the above

 
 

Option: B

Explanation :

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17:  
Balance of payment can be corrected by changes in current account through
A.

Devaluation of currency

B.

Quantitative restriction

C.

Canalisation

D.

All the above

 
 

Option: D

Explanation :

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18:  
A balance of payment surplus can be corrected through
A.

Export promotion

B.

Exchange control

C.

Increase in interest

D.

Appreciation of currency

 
 

Option: D

Explanation :

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19:  
Assertion (A) : Germany exports engineering machinery.
Reason (R): Germany has abundant capital and engineering machineries is capital intensive.
A.
If both A and R are true and R is the correct explanation of A.
B.
If both A and R are true but R is Not the correct explanation of A
C.

If A is true but R is false

D.

If A is false but R is true

 
 

Option: A

Explanation :

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20:  
Assertion (A). Dumping means selling a product in a foreign market at a lower price than in the home market.
Reason (R). Dumping encourages domestic industry.
A.
If both A and R are true and R is the correct explanation of A 
B.
If both A and R are true but R is Not the correct explanation of A
C.

If A is true but R is false

D.

If A is false but R is true

 
 

Option: B

Explanation :

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