Balance of trade is define as the relationship between
Invisible imports and exports
Visible and invisible exports
Imports and exports of services
Visible exports and visible imports
Correct answer is D
No explanation has been provided for this answer.
In ordinary partnership, the risks are
Borne by the workers
Borne by the creditors
Shared among the partners
Undertaken by the active partners
Correct answer is C
No explanation has been provided for this answer.
Provision of services is classified under
Primary production
Secondary production
Tertiary production
Production possibilities
Correct answer is C
No explanation has been provided for this answer.
Commodity market can best be described as a market in which
Goods are sold
Labour is sold and bought
Short-term loans are obtained
Quoted stocks are bought
Correct answer is A
No explanation has been provided for this answer.
Price discrimination can only occur when there is
Perfect competition
Imperfect competition
A merge
Partnership
Correct answer is B
No explanation has been provided for this answer.