International Business - International Business Questions

36:  

Balance of current account includes

A.

Balance of trade

B.

Balance of invisibles

C.

Balance of unrequited transfers

D.

All of the above

 
 

Option: D

Explanation :

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37:  
In the balance of payments, all the ways in which country can acquire foreign currency is entered in
A.

Credit side

B.

Debit side

C.

Separately

D.

None of the above

 
 

Option: B

Explanation :

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38:  
Balance of payment can be corrected by changes in capital account through
A.

Devaluation

B.

Borrowing

C.

Canalisation

D.

All the above

 
 

Option: B

Explanation :

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39:  

OPEC controls oil export through

A.

Cartel

B.

Dumping

C.

Monopoly

D.

None of the above

 
 

Option: A

Explanation :

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40:  
Letter of credit is now becoming an increasingly popular method of financing
A.

Fixed capital needs

B.

Working capital needs

C.

Redemption of debentures

D.

Distribution of dividend

 
 

Option: B

Explanation :

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