Transfer earnings
Money transferred from one country to another
Unearned income
Payment transferred from one account to another
Correct answer is C
No explanation has been provided for this answer.
Statistical information available in most West African countries suggests that
The marginal propensity to save is high
The marginal propensity to consume is high
The consumption pattern is negative
There exists perfect correlation between consumption and savings
Correct answer is B
No explanation has been provided for this answer.
Which of the following best explains the structural changes in the population of a country?
Positive changes in the size and ethnic composition of the population
A decrease in the size of the population
An increase in the birth rate which is higher than the decrease in the death rate
Changes in the age, sex and occupational composition of the population
Correct answer is D
No explanation has been provided for this answer.
The rate of exchange between a domestic and a foreign currency is defined as the
Terms of trade
Domestic currency price of a unit of the foreign currency
Foreign currency price of gold
Domestic currency price of gold
Correct answer is B
No explanation has been provided for this answer.
Dumping
Counter-trade
Bilateral trade
Trade liberalization
Correct answer is A
No explanation has been provided for this answer.