Exam 10: Balance of Payment and International Trade

The current account of balance of payment does not include :

Reducing the value of domestic currency in term of foreign currency :

-------are duties levied on imports.

Pick out the item which is not a part of unilateral transfers.

The current account in the balance of payments -------.

If the deficits in a country's BOP persists for a long time it is a case of :

Disequilibrium in the BOP caused by changes in the demand or supply relations of exports or imports or both refer to :

Balance of payment always -------.

Gifts and charities account are also known as :

Good performance on -------has helped India to improve its current account balance in recent times.

-------term long run disequilibrium as fundamental disequilibrium.

In BOP, total receipts must be equal to total -------.

WTO replaced -------in 1995.

The terms of -------is 50 years.

After covering deficits on current account, excess capital account receipts are added to -------.

Protection is made available for -------years for patents.

Pick out the feature which is not true of the Agreement on Agriculture.

Which of the following is not a non monetary measure to correct the disequilibrium in BOP ?

TRIMS include measures to :

Donations, grants, gifts and such other payments which do not have counter obligations are known as :