When the $/£ exchange rate rises the pound _____ and when the $/£ rates falls the pound ________?
A. depreciates, appreciates
B. revalues, devalues
C. appreciates, depreciates
D. becomes more expensive becomes cheaper
A. depreciates, appreciates
B. revalues, devalues
C. appreciates, depreciates
D. becomes more expensive becomes cheaper
A. falls; falls; falls; surplus
B. falls; rises; falls; surplus
C. is static; low; rises; deficit
D. rises; falls; rises; deficit
A. rise; falls; rise; deficit
B. falls; rises; falls; surplus
C. falls; falls; falls; surplus
D. is static; low; rises; deficit
A. fluctuate more than it would do otherwise
B. appreciate
C. depreciate
D. not be affected
A. fluctuate more than it would do otherwise
B. appreciate
C. depreciate
D. not be affected
A. depreciate
B. not be affected
C. fluctuate more than if it were at peace
D. appreciate
A. will remain the same
B. will decrease
C. will increase
D. could either increase of decrease
A. a recession
B. a trade surplus
C. a trade deficit
D. an expansion.
The situation when a country imports more than it exports is ? Read More »
Economics Mcqs, Macroeconomic Issues and Analysis A. financial account on the balance of payments.
B. balance of payments
C. balance of payments on current account
D. capital account of the balance of payments
A. visible trade balance
B. balance of trade
C. balance of payments on current account
D. balance of payments.
The record of country’s imports and exports of goods and services is called its ? Read More »
Economics Mcqs, Macroeconomic Issues and Analysis