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Basic Economics
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Basic Economics
To what does the phrase terms of trade refer ?
The government’s policies to increase exports
the difference between the value of visible exports and visible imports
the currency exchange rate
the rate at which exports are exchanged for imports
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Basic Economics
A stock that sells at a high price because of public confidence in its long record of steady earnings is called ?
Blue Chipper
Blue chip
An extremely valuable asset or property
All of these
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Basic Economics
Indemnity is_______________?
A legal exemption from liability for damages
Security against damages loss, or injury
Compensation for damages loss, or injury suffered
All of these
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Basic Economics
What is referred by the hard currency ?
Stable currency value of which does not fluctuate greatly
Any currency backed by gold or silver bullion rather than credit
Both of them
None of them
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Basic Economics
Which mineral’s chief exporter is Russia?
Manganese
Gold
Rubber
Silver
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Basic Economics
What is Remittance_______________?
The sum of money sent
Sending of money to someone at distance
Both of them
None of them
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Basic Economics
Find out the term for the purpose that a buyer must pay for the goods at the time of its delivery ?
payment on Delivery
Barter
Gives in take
Cash on Delivery
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Basic Economics
Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?
Guarantee
Redemption
Repo
Repurchase arrangements
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Basic Economics
Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?
Closed shop
Divided Labor
Division of Labor
Open shop
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Basic Economics
What is called an internet strategy of dealing directly with business rather than consumer ?
B2B
Step by step
Indirect contact
Trickle down
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