Multiple Choice
Which of the following items is not included in the invisible items of balance of payments?
A) Shipping
B) Insurance
C) Export and import of goods
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q15: The tariffs or duties levied upon goods
Q16: When import quotas are fixed after negotiations
Q17: The increase in the domestic production of
Q18: Balance of trade includes<br>A)Visible items<br>B)Invisible items<br>C)Both visible
Q19: Tariff can be levied upon<br>A)Export only<br>B)Import only<br>C)Both
Q20: The quota system in which domestic producers
Q21: If a country has fundamental deficit in
Q22: A tariff or custom quota may either
Q24: Capital account includes<br>A)Invisible export<br>B)Long-term capital transaction<br>C)Invisible import<br>D)All
Q25: Once import quota is levied on a