Exchange rate of which of the following currencies falls because of persistent balance of payments deficit ?
A. Gold currency
B. Hard currency
C. Silver currency
D. Soft currency
From each according to his ability to each according to his need is the theoretical slogan of ?
A. Feudal System
B. Capitalist System
C. Fascist System
D. Communist System
Which of the following is a valid currency ____?
A. Promissory note
B. Currency note
C. Exchange rate
D. Bank cheque
Two countries can gain from foreign trade if ?
A. Cost ratios are different
B. Tariff rates are different
C. Price ratios are different
D. A and C of above
What is deflation ______?
A. Deficit Budget
B. Reduction in taxation
C. Increase in public expenditure
D. Reverse of inflation
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