In international trade, shipping and other freight charges are treated as
Invisible items
Unilateral transfers
Capital transactions
Autonomous capital transactions
Correct answer is A
No explanation has been provided for this answer.
Which of the following is inflationary?
An increase in taxation
An increase in savings
A decrease in money supply
An increase in government expenditure
Correct answer is D
No explanation has been provided for this answer.
The most important attribute of money is
Homogeneity
Relative scarcity
Divisibility
General acceptability
Correct answer is D
No explanation has been provided for this answer.
The main objective of the Economic Community of West African State is to
Establish a West African Development Bank
Create a West African army
Introduce a common currency for the sub-region
Promote the free movement of persons, goods and services within the sub-region
Correct answer is D
No explanation has been provided for this answer.
The main problem of the Organization of Petroleum Exporting Countries is how to
Prevent members from violating their quota
Enhance the quality of petroleum product
Compete with the North Sea producers
Ensure viable crude reserves
Correct answer is A
No explanation has been provided for this answer.