Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Microeconomics Expert

problem 1) Most frequently traded currency in the foreign exchange market is:

(a) British pound.
(b) Japanese yen.
(c) Chinese yuan.
(d) U.S. dollar.

problem 2) Euro is now a official currency of all of the following countries except:

(a) France.
(b) Slovenia.
(c) Great Britain.
(d) Spain.

problem 3) Balance of trade deficit occurs when the country:

(a) exports more goods than it imports.
(b) buys more goods from rest of the world than it sells.
(c) buys more stocks and bonds from rest of the world than it sells.
(d) both (b) and (c).

problem 4) Which of the following transactions is a debit in the current account?

(a) export of merchandise
(b) export of services
(c) gift to foreigners
(d) foreign bond purchase

problem 5) Which is essential to "balance" the BOP statement?

(a) Reserve inflow
(b) Statistical discrepancy
(c) Debit transaction
(d) Credit transaction

problem 6) In the BOP, travel and tourism are included in a category of:

(a) unilateral transfers.
(b) financial account.
(c) merchandise account.
(d) services account.

problem 7) Interest earned on foreign holdings of U.S. federal, state and local government debt are recorded in the:

(a) services account.
(b) merchandise account.
(c) transfers account.
(d) financial account.

problem 8) A present account surplus implies that:

(a) country is a net lender with rest of the world.
(b) country is running a net capital account surplus.
(c) foreign investment in domestic securities is at very low levels.
(d) All of the above.

problem 9) Security purchases in United States by foreigners is

(a) a credit item in the current account.
(b) a debit item in the financial account.
(c) a credit item in the financial account.
(d) a debit item in the current account.

problem 10) Merchandise exports minus imports equal the:

(a) basic balance.
(b) liquidity balance.
(c) official settlements balance.
(d) balance of trade.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M97340

Have any Question? 


Related Questions in Microeconomics

Question 1consider the market for a course of antibiotics

Question 1. Consider the market for a course of antibiotics. Suppose the supply of antibiotics follows P = 5 + 2Qs and the demand follows P = 20 - 2Q D . Here, Q represents antibiotics, denominated in millions of units. ...

1 the crr model european claimconsider the crr model of

1. The CRR model: European claim. Consider the CRR model of stock price S with T periods and parameters d (a) Consider the European claim X with expiry date T and the payoff X = g(S r ) = 1/S T 1[k,∞)(S T ). Show that th ...

Meqa assignment 2its been three weeks since you started

MEQA Assignment 2 It's been three weeks since you started working for BioMed and there's still no trace of Selwyn. That means you're still BioMed's resident economic expert. Harry the CEO was pleased with your earlier wo ...

Assignmentscenario summarya kansas city based supplier of

Assignment Scenario Summary A Kansas City based supplier of health care information technology (HCIT) solutions has recently hired you as a Human Resource Manager. You are in charge of hiring new medical consultants for ...

Suppose the economy was at equilibrium before the start of

Suppose the economy was at equilibrium before the start of the recession. Show this using the IS-LM, Keynesian cross, AD-SRAS-LRAS and money market spaces. Following the start of the recession, what happened to aggregate ...

Instruction please answer all questions all questions carry

Instruction: Please answer ALL questions. All questions carry equal marks. Please do not write over 2000 words for the entire assignment. 1. a. Using the graph shown, analyze the effect a $300 price ceiling would have on ...

Assignmentwe often have difficulty understanding how our

Assignment We often have difficulty understanding how our own customs and traditions could be viewed any way other than as right. In that regard, cultural relativism (viewing a custom from the other culture's perspective ...

Micro economics paperyou have been given the responsibility

Micro Economics Paper You have been given the responsibility of working with your organization's CEO to do a competitive market analysis of the potential success of one of their existing products. Select your organizatio ...

Question 1 - read the following passage carefully and

Question 1 - Read the following passage carefully and answer questions The beverages industries in which Pepsi operate are highly competitive. They compete with major international beverage companies in multiple geograph ...

Assignment multiyear plans and Assignment: Multiyear Plans and Analysis Preparation •

Assignment: Multiyear Plans and Analysis Preparation • Review the document titled "City of Charlottesville 2010 Annual Comprehensive Plan" located in the course shell. Write a three to four (3-4) page paper in which you: ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen