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Basic Economics
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Basic Economics
USA is the chief exporter of_________________?
Wheat
Iron Ore
Both of these
None of these
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Basic Economics
Asset that is easily and cheaply turned into cash-notably, cash itself and short-term securities are known as______________?
Liquid asset
Hard asset
Solid asset
None of these
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Basic Economics
A company or corporation which was subsidiaries, investments or operation in more than one country is known as ?
Multinational company
Multinational corporation
Both of them
None of them
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Basic Economics
A detailed, itemized list, report or record or things in one’s possession or the process of making such a list, or items listed in this list, or the stock, is called inventory. Which of the following is also inventory ?
List of assets of a corporation
List of stock a company own
Total obligation of a firm
An evaluation or a survey, as of abilities or resources
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Basic Economics
Which is the most widely used tool of monetary policy ?
Discount rate
Open-market operations
Clearing house
Issuing of notes
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Basic Economics
Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?
Sureties
Certificates
Security bonds
Bond
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Basic Economics
What is called the manipulation of the market by traders to create the illusion of active volume to attract investors ?
Illusion
Daisy chain
False market
Manipulated market
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Basic Economics
What is called the trade without restriction of tariffs, quotas, or foreign exchange controls ?
Easy trade
Free trade
Open sky trade
Open trade
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Basic Economics
A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle?
Complete Advantage
Relative Advantage
Comparative Edge
Comparative Advantage
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Basic Economics
What is called the amount of non-military foreign aid which a country received ?
Foreign aid
Official Development Assistance (ODA)
Grands
Friendly aid
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