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Balance Of Trade Quiz 1 (25 MCQs)

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1. Tires made in japan's factories are used on cars in India, for India It will be

2. Balance of Trade shows a Surplus of Rs. 1200 crores, and the Imports is Rs. 500 crores. What will be the value of Exports?

3. The difference in the value of imports and exports

4. Calculating the current account allows you to identify

5. CALCULATE EXPORT FROM BELOW INFORMATION-A)BOT=-700 AND IMPORT=1025B)BOT=-2500 AND IMPORT=7200

6. WHICH ARE THE ACRONYMS OF THE BALANCE OF TRADE?

7. America imported $ 10 billion in goods and exported $ 9 billion in goods. Which of the following does America have?

8. WHICH COUNTRY WAS THE FIRST ONE WITH TRADE DEFICIT IN 2019?

9. Which is invisible items from the following-

10. The situation that exists when imports exceed exports.

11. When the value of imports is greater than the value of exports, then it is known as _____

12. Jorge Martinez from Spain buys a shopping center in Florida. How will this affect the U.S. balance of payments?

13. Which of the following is not found in the foreign exchange market?

14. Which of the following does not affect the demand for a nation's currency?

15. The country of Algonia produced and then shipped out $ 5 billion in goods to other nations. It brought in $ 4 billion in goods? What does this country have?

16. The difference between imports and exports for a country is called the:

17. What will happen in the market for loanable funds if there is government deficit?

18. If a country has a negative balance of trade, that means _____

19. Germany imports $ 20 million in jeans from the U.S. How does this affect the German balance of payments?

20. The United States sends $ 50 million in foreign aid to Haiti.

21. WHAT HAPPENED WITH THE COUNTRIES AFTER THE INTERNATIONAL TRADE?

22. The Balance of Trade shows a deficit of Rs. 5000 crores and the value of imports are Rs. 9000 crores, what is the value of exports?

23. The difference between imports and exports

24. When the value of exports is greater than the value of imports, then it is known as _____

25. Why does The Bahamas need to import products?

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Balance Of Trade Quiz 1 (25 MCQs)

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