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Balance of Payments Accounting Principles Quiz Question and Answers 3 PDF Download

Learn balance of payments accounting principles quiz, online economics test 3 for online courses, distance learning. Free BBA economics MCQs questions and answers to learn balance of payments accounting principles MCQs with answers. Practice MCQs to test knowledge on balance of payments accounting principles, production possibility frontier with increasing costs, what is competitive market?, motives for international capital flows, what are costs? worksheets.

Free balance of payments accounting principles course worksheet has multiple choice quiz question as a statement that summarizes an economy with options transfer payments, balance sheet, balance of payments and summary statement with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study balance of payments multiple choice questions based quiz question and answers.

Quiz on Balance of Payments Accounting Principles Worksheet 3

Balance of Payments Accounting Principles Quiz

MCQ. A statement that summarizes an economy

  1. transfer payments
  2. balance sheet
  3. balance of payments
  4. summary statement

C

Production Possibility Frontier with Increasing Costs Quiz

MCQ. Trade of products that belongs to same industry is known to be as

  1. intra-industry trade
  2. inter-industry trade
  3. gains from trade
  4. trade with specialization

A

What is Competitive Market? Quiz

MCQ. When firm's marginal revenue is equals to firm's marginal cost, that situation is known as

  1. equilibrium
  2. profit maximization
  3. pareto efficiency
  4. efficient scale

B

Motives for International Capital Flows Quiz

MCQ. Process of allocating capital in a way that reduces exposure to any one particular asset or risk is known to be as

  1. risk criterion
  2. risk assessment
  3. risk value
  4. risk diversification

D

What are Costs? Quiz

MCQ. Economic profit is concerned with implicit cost, explicit cost as well as

  1. opportunity cost
  2. accounting profit
  3. economic losses
  4. total cost

A