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Q. The balance of payments equals:

Q. A trade-diverting customs union results in:

Q. The ratio of foreign rates to domestic rates measured in the 'same' currency is known as:

Q. When capital mobility is perfect, interest rate differentials will tend to be offset by ________

Q. _______________states that international trade will bring about equalization in the returns to homogeneous factors across countries, even without their physical movement.

Q. Credit (+) items in the balance of payments correspond to anything that:

Q. The Basel Committee:

Q. According to ________ even though a country is absolutely disadvantageous in both commodities there is still possibility for trade

Q. The international Fisher effect (IFE) suggests that:

Q. When was the International Monetary Fund (IMF) set up?