The efficiency of a country's labour force depends on all the following except
Improved working conditions
Better and health care facilities
Adequate training
Stable economy
Frequent strikes and lock-outs
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not a visible item in international trade payments?
Payments for imported cars
Receipts from cocoa exports
Receipts from oil exports
Payments for steel imports
Payments to foreign shipping companies
Correct answer is E
No explanation has been provided for this answer.
Changes in the value of money can be measured by
The distributors
A price index
A demand index
A supply index
The use of cheque
Correct answer is B
No explanation has been provided for this answer.
International trade is different from internal trade because of the
Manufactured goods involved
Currency differentials
Homogeinty of products
heterogeinty of products
Uniformity of prices
Correct answer is B
No explanation has been provided for this answer.
Demand-pull inflation results when there is
Inadequate improvement in the wage rate of workers
Execessive demand due to high purchasing power
Excessive supply of raw materials for production
Rise in productivity of the factors of production
Excessive rise in the standard of living
Correct answer is B
No explanation has been provided for this answer.