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Q. The European Economic Community (EEC) was founded in 1957 under the treaty of _.

Q. _ is not a cause of deficit in balance of payments.

Q. Which of the following is not an assumption of the Purchasing Power Parity theory? _

Q. _ _ is a feature of the foreign exchange market which enables an investor to earn high returns.

Q. The purchasing power parity theory the difference in the quality of goods.

Q. _ _ is a type of non – tariff barriers.

Q. If a country enjoys an absolute advantage in the production of all commodities then also trade is possible”. Who said this?

Q. A _ country requires more foreign exchange.

Q. Protectionism

Q. Pick out the wrong statement.