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Bus Economics MCQs: 25 Questions & Answers in Faculty

25 Bus Economics MCQs in Faculty with answers & explanations. Practice objective questions for competitive exams, interviews & self-assessment — free on Extr… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Bus Economics MCQs: 25 Questions & Answers in Faculty

________________ of goods results in demand for foreign currency.

When the demand curve for foreign currency, intersects the supply curve, we get ________________ exchange rate.

The function of foreign exchange market that helps in clearing international transactions is known as ________________.

________________ is not a detect of flexible exchange rate.

Forward market in foreign exchange refers to ________________ market.

Portfolio foreign investment is included in ________________ account of BoP.

________________ is not a direct measures to correct BoP disequilibrium.

The highest authority of WTO is ________________.

Private transfers on India's current account include ________________.

In the past several years, India's net invisibles were in ________________

Utility terms of trade was introduced by ________________.

An offer curve differs from ________________.

Income terms of trade indicate increased capacity to ________________.

Ricardian theory assumes that labour is ________________ within the country.

International trade increases the welfare of ________________

WTO was set up on ________________

________________ refers to the alliance of multiple countries pursuing common goals.

ASEAN was formed in ________________

The ________________ was signed to create the EU in 1993.

A free trade area is a trade bloc where ________________

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