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Q. WTO promote _ trade.

Q. Unilateral payments received _ _ the supply of foreign exchange.

Q. Donations, grants, gifts and such other payments which do not have counter obligations are known as :

Q. In the determination of the exchange value of a currency, the first currency of a currency pair is called _ .

Q. Which of the following Non – Tariff Barriers prevents free movement of capital between countries?

Q. Demand for foreign exchange varies _ with the exchange rates.

Q. Which of the following is not a non monetary measure to correct the disequilibrium in BOP ?

Q. The currency used for international transactions irrespective of the importing or exporting country’s currency is called _ .

Q. When supply of foreign exchange is increased given the demand for foreign exchange, the rate of exchange _.

Q. England 1 unit wine =1/2unit cloth, Portugal 1 unit wine = 1 unit cloth. This is an example of