Free MCQsLearn App Download - Balance of Payments Accounting Principles Questions and Answers PDF Download 3
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"A statement that summarizes an economy's transactions with the rest of the world for a specified time period is known as", balance of payments accounting principles Multiple Choice Questions (MCQ) with choices balance sheet, transfer payments, balance of payments, and summary statement for online economics degree programs. Learn balance of payments questions and answers with free online certification courses for online business and administration degree.
Trivia Quiz on Balance of Payments Accounting Principles PDF Download 3
MCQ: A statement that summarizes an economy's transactions with the rest of the world for a specified time period is known as
- transfer payments
- balance sheet
- balance of payments
- summary statement
C
MCQ: The trade of products that belongs to same industry is known to be as
- intra-industry trade
- inter-industry trade
- gains from trade
- trade with specialization
A
MCQ: When firm's marginal revenue is equals to the firm's marginal cost, that situation is known as
- equilibrium
- profit maximization
- pareto efficiency
- efficient scale
B
MCQ: The process of allocating capital in a way that reduces the exposure to any one particular asset or risk is known to be as
- risk criterion
- risk assessment
- risk value
- risk diversification
D
MCQ: Economic profit is concerned with implicit cost, explicit cost as well as
- opportunity cost
- accounting profit
- economic losses
- total cost
A