International economic transactions are called _______________ when transactions are made due to some reason other than to bridge the gap in balance of payments.

In a fixed exchange rate system, when the government increases the value of foreign currency, this change is called:

The current account is the record of trade in goods and services and transfer payments. Arrange the following components in terms of service.

(A). Current account.

(B). Net factor income + Net Non-factor income.

(C). Net investment income + Net income from compensation of employees.

(D). Trade in services.

Choose the correct answer from the options given below:

When transactions are made due to some reason other than to bridge the gap in the balance of payments, that is, when they are independent of the state of BoP then such international economic transactions are called as..........................

Arrange the following in correct sequence with respect to exchnage rate :-

(A) The central bank purchases dollars to absorb the excess supply.

(B) The exchange rate is fixed by the government higher than the market rate of exchange.

(C) The government wants to encourage exports.

(D) Supply of the dollars exceeds the demand for the dollar.

Choose the correct answer from the options given below:

1. (B), (A), (D), (C).
2. (D), (A), (C), (B).
3. (C), (A), (D), (B).
4. (C), (B), (D), (A).

The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name?

Foreign exchange reserves are ample, means?

1. Reserve is sufficient to purchase goods and services from abroad.
2. Anticipated demand for foreign goods and services can be met through incumbent foreign exchange reserve.
3. Supply of foreign reserves is more than demand of foreign reserves.
4. Government is confident about present and future need of foreign reserve.