(A) Reduce the deficit on the balance of trade
(B) Reduce the repayment of loans
(C) Reduce the surplus on the capital account
(D) Reduce the volume of exports
Tag: Economics Mcq Questions and Answers
Devaluation of currency can help to increase exports if elasticity of demand of perishable items in other countries is:
(A) Less then one
(B) Grater then one
(C) Equal then one
(D) Zero
On the bases of value order of Pakistan’s imports is:
(A) Oil, Chemicals, Machinery
(B) Oil, Machinery, Chemicals
(C) Machinery, Oil, Chemicals
(D) Machinery, Chemicals, Oil
On the bases of earnings order of Pakistans’s exports is:
(A) Rice, Cotton yarn, Carpets
(B) Rice, Carpets, Cotton yarn
(C) Cotton yarn, Rice, Carpets
(D) Cotton yarn, Carpets, Rice
From Jan. 2005 custom duties in Pakistan are reduced because internationl agreement under:
(A) WTO
(B) IMF
(C) World Bank
(D) Boath a and b
Imports of petrolium makes Pakistan’s imports bill:
(A) 15%
(B) 25%
(C) 35%
(D) 45%
Commercial policy means:
(A) Policy about markets
(B) Policy about money supply
(C) Policy about imports and exports
(D) Policy of controlling of prices of goods
If CDA(Capital Development Authority) gets loan from World Bank to for roads it will be recorded in balance of payments in section:
(A) Capital account
(B) Visible balance
(C) Invisible balance
(D) Official financing