Devaluation of currency leads to (1) expansion of export trade (2) contraction of import trade (3) expansion of import substitution (4) All of the above

Devaluation of currency leads to (1) expansion of export trade (2) contraction of import trade (3) expansion of import substitution (4) All of the above
by

1 Answer

Answer :

All of the above
by

Related questions

Devaluation of currency leads to - (1) expansion of export trade (2) contraction of import trade (3) expansion of import substitution (4) All of the above

Description : Devaluation of currency leads to - (1) expansion of export trade (2) contraction of import trade (3) expansion of import substitution (4) All of the above

Last Answer : (4) All of the above Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which ... deficit. Import substitution means promotion of export to replace imports. It is also fallout of devaluation.

The outcome of 'devaluation of currency' is - (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import

Description : The outcome of 'devaluation of currency' is - (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import

Last Answer : (1) increased export and improvement in balance of payment Explanation: Devaluation is a reduction in the exchange value of a country's monetary unit in terms of gold, silver, or foreign ... home country's export sales and discourages expenditures on imports, thus improving its balance of payments.

The outcome of ‘devaluation of currency’ is (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import

Description : The outcome of ‘devaluation of currency’ is (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import 

Last Answer :  increased export and improvement in balance of payment

The purpose of devaluation is to : (1) be little foreign currencies (2) encourage exports (3) discourage exports (4) encourage import

Description : The purpose of devaluation is to : (1) be little foreign currencies (2) encourage exports (3) discourage exports (4) encourage import

Last Answer : (2) encourage exports Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged. It makes exports more competitive and imports more expensive.

Devaluation makes import - (1) Competitive (2) Inelastic (3) Cheaper (4) Dearer

Description : Devaluation makes import - (1) Competitive (2) Inelastic (3) Cheaper (4) Dearer

Last Answer : (4) Dearer Explanation: Devaluation makes import expensive and discourages it, while the export of a country that devalues becomes cheaper and thereby induces trade partners to import more goods from her. Nations that produce industrial goods on a large scale stand to benefit from devaluation.

The purpose of devaluation is to : (1) be little foreign currencies (2) encourage exports (3) discourage exports (4) encourage import

Description : The purpose of devaluation is to : (1) be little foreign currencies (2) encourage exports (3) discourage exports (4) encourage import

Last Answer : encourage exports

Devaluation makes import (1) Competitive (2) Inelastic (3) Cheaper (4) Dearer

Description : Devaluation makes import (1) Competitive (2) Inelastic (3) Cheaper (4) Dearer

Last Answer : Dearer

A Trade Policy consists of - (1) Export-Import Policy (2) Licencing Policy (3) Foreign Exchange Policy (4) Balance of Payment Policy

Description : A Trade Policy consists of - (1) Export-Import Policy (2) Licencing Policy (3) Foreign Exchange Policy (4) Balance of Payment Policy

Last Answer : (1) Export-Import Policy Explanation: Trade policy, also called ExportImport policy, is a collection of rules and regulations which pertain to trade. Every nation has some form of trade policy in place ... taxes, tariffs, inspection regulations, and quotas can all be part of a nation's trade policy.

In autarky equilibrium (a) production=consumption. (b) export=import © there is no trade (d) all of the above.

Description : In autarky equilibrium (a) production=consumption. (b) export=import © there is no trade (d) all of the above.

Last Answer : (a) production=consumption.

The terms of trade measures (a) the income of a country compared to another (b) The GDP of a country compared to another © The quantity of exports of a country compared to another (d) Export prices compared to import prices.

Description : The terms of trade measures (a) the income of a country compared to another (b) The GDP of a country compared to another © The quantity of exports of a country compared to another (d) Export prices compared to import prices.

Last Answer : (d) Export prices compared to import prices.

A Trade Policy consists of (1) Export-Import Policy (2) Licencing Policy (3) Foreign Exchange Policy (4) Balance of Payment Policy

Description : A Trade Policy consists of (1) Export-Import Policy (2) Licencing Policy (3) Foreign Exchange Policy (4) Balance of Payment Policy

Last Answer : Export-Import Policy

Which of the following is not the role of public sector in India a. Export Promotion b. Import Substitution c. Foreign exchange earnings d. Increase in unemployment

Description : Which of the following is not the role of public sector in India a. Export Promotion b. Import Substitution c. Foreign exchange earnings d. Increase in unemployment

Last Answer : Answer: Increase in unemployment

In initial years of planning, industrial development was largely based on A. export substitution B. import substitution C. transportation D. none of these

Description : In initial years of planning, industrial development was largely based on A. export substitution B. import substitution C. transportation D. none of these

Last Answer : A. export substitution

Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Description : Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Last Answer : (1) decrease in the internal value of money Explanation: Devaluation refers to a decline in the value of a currency in relation to another, usually brought about by the actions of a central bank ... with developing countries that don't allow their currency prices to float freely on the open market.

Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Description : Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Last Answer :  decrease in the external value of money

Fiscal policy is concerned with which of the following? A. Public revenue and Expenditure B. Issue of Currency C. Export Import D. Population Control E. Education for all

Description : Fiscal policy is concerned with which of the following? A. Public revenue and Expenditure B. Issue of Currency C. Export Import D. Population Control E. Education for all

Last Answer : A. Public revenue and Expenditure Explanation: Fiscal policy is the policy relating to government revenues from taxes and expenditure on various projects. Monetary Policy, on the other hand, is mainly concerned with the flow of money in the economy.

"Globalisation of Indian Economy" denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Description : "Globalisation of Indian Economy" denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Last Answer : (2) having minimum intervention in economic relations with other countries Explanation: Globalization means integrating the economy of a country with the economies of other countries or world economy ... of a plethora of export incentives opting for exchange rate adjustments for promoting exports.

“Globalisation of Indian Economy” denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Description : “Globalisation of Indian Economy” denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Last Answer : having minimum intervention in economic relations with other countries

What is international trade? Name two major item of export and two items of import to India? -Geography

Description : What is international trade? Name two major item of export and two items of import to India? -Geography

Last Answer : The term trade is referred to the exchange of goods among the people, states and countries and exchanges take place in the markets. Thus, trade between the two countries is called International ... of export. Pearls and precious stones and inorganic chemicals are two items of import to India.

Why Petroleum and Jewellery are both in export and import list of International Trade of India ? -SST 10th

Description : Why Petroleum and Jewellery are both in export and import list of International Trade of India ? -SST 10th

Last Answer : Below is a comprehensive chart which gives a breakdown of India's exports and imports along with its top trading partner countries : India's top 3 imports → Petroleum crude, Gold & ... exports petroleum products.India imports Gold & Silver, Pearls & Precious Stones but exports Gems & Jewellery.

The _____________ is the difference in value between a nation's exports and its imports 1. balance of payments 2. export / import ratio 3. gross domestic product 4. net trade value 5. balance of trade

Description : The _____________ is the difference in value between a nation's exports and its imports 1. balance of payments 2. export / import ratio 3. gross domestic product 4. net trade value 5. balance of trade

Last Answer : balance of trade

Terms of trade of developing countries are generally favourable because A. They export primary goods B. They import value added goods C. They export few goods D. Both (a) and (b)

Description : Terms of trade of developing countries are generally favourable because A. They export primary goods B. They import value added goods C. They export few goods D. Both (a) and (b)

Last Answer : Both (a) and (b)

The central theme of forfaiting is the purchasing of ________by a financial service company. d. Trade bill e. Export bill f. Import bill

Description : The central theme of forfaiting is the purchasing of ________by a financial service company. d. Trade bill e. Export bill f. Import bill

Last Answer : e. Export bill

e __________ is the difference in value between a nation's exports and its imports. A)balance of payments B)export/import ratio C)gross domestic product D)net trade value E)balance of trade

Description : e __________ is the difference in value between a nation's exports and its imports. A)balance of payments B)export/import ratio C)gross domestic product D)net trade value E)balance of trade

Last Answer : A)balance of payments

Excise duty is levied on - (1) sale of goods (2) production of goods (3) import of goods (4) export of goods

Description : Excise duty is levied on - (1) sale of goods (2) production of goods (3) import of goods (4) export of goods

Last Answer : (2) production of goods Explanation: Excise duty is a tax on manufacture or production of goods. Excise duty on alcohol, alcoholic preparations, and narcotic substances is collected by the State Government and ... "State Excise" duty. The Excise duty on rest of goods is called "Central Excise" duty.

What is considered to be one of the most important attributes when we compare countries at the level of development? a. Industrial development b. Resources of the country c. Income d. Import-export

Description : What is considered to be one of the most important attributes when we compare countries at the level of development? a. Industrial development b. Resources of the country c. Income d. Import-export

Last Answer : c. Income

Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Description : Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Last Answer : b. Income

Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Description : Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

Last Answer : b. Income

An open economy is one wherea. Deficit financing is absentb. No export activitiesc. No import activitiesd. Economy opened to the world

Description : An open economy is one where a. Deficit financing is absent b. No export activities c. No import activities d. Economy opened to the world

Last Answer : d. Economy opened to the world A closed economy is one where there is no exporting or importing activity. it is generally a feature of underdeveloped economies.

A government’s restriction on the quantity of imports of a country is known as (a) Export quota (b) Import quota © Import rent. (d) Embargo.

Description : A government’s restriction on the quantity of imports of a country is known as (a) Export quota (b) Import quota © Import rent. (d) Embargo.

Last Answer : (b) Import quota

.A tariff that is levied as a fixed charge per unit of imports is known as a (a) Specific tariff (b) Ad- valorem tariff © Import tariff (d) Export tariff.

Description : .A tariff that is levied as a fixed charge per unit of imports is known as a (a) Specific tariff (b) Ad- valorem tariff © Import tariff (d) Export tariff.

Last Answer : a) Specific tariff

Excise duty is levied on (1) sale of goods (2) production of goods (3) import of goods (4) export of goods

Description : Excise duty is levied on (1) sale of goods (2) production of goods (3) import of goods (4) export of goods 

Last Answer : production of goods

One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Description : One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : (4) Diversification of exports Explanation: India has rapidly diversified its exports markets from the traditional export partners towards emerging and developing economies. This has played a crucial ... export markets can be noted from the narrowing dependence on selected economies for exports.

One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

Description : One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : Diversification of exports 

A period of expansion and contraction measured by real GDP is called (a) Business cycle (b) Expansion © Recession (d) Contraction

Description : A period of expansion and contraction measured by real GDP is called (a) Business cycle (b) Expansion © Recession (d) Contraction

Last Answer : (a) Business cycle

Which of the following phases describes the phase of business cycle that occurs after a trough and before a peak (a) Lag (b) Consolidation © Expansion (d) Contraction

Description : Which of the following phases describes the phase of business cycle that occurs after a trough and before a peak (a) Lag (b) Consolidation © Expansion (d) Contraction

Last Answer : © Expansion

What does devaluation of a currency mean ? 1. decrease in the internal value of money 2. decrease in the external value of money 3. decrease both in the external and internal values of money 4. None of these 5. both 1 and 2

Description : What does devaluation of a currency mean ? 1. decrease in the internal value of money 2. decrease in the external value of money 3. decrease both in the external and internal values of money 4. None of these 5. both 1 and 2

Last Answer : decrease in the external value of money

Devaluation of currency can correct a Balance of Payments deficit because___ A. It lowers price of exports in foreign currency and rises price of imports in home currency B. It raises price of exports in foreign currency and lowers price of imports in home currency C. It raises price of exports and imports in foreign currency D. It lowers price of exports and imports in home currency

Description : Devaluation of currency can correct a Balance of Payments deficit because___ A. It lowers price of exports in foreign currency and rises price of imports in home currency B. It raises price of ... and imports in foreign currency D. It lowers price of exports and imports in home currency

Last Answer : A. It lowers price of exports in foreign currency and rises price of imports in home currency

'PROTECTION' means - (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Description : 'PROTECTION' means - (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Last Answer : (4) All of the above Explanation: Protectionism is the economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a ... protect businesses and workers within a country by restricting or regulating trade with foreign nations.

Which among the following is not a non-customs duty obstacle in the world trade? (1) Quantity restriction (2) Establishment of Standard of labour in manufacturing (3) Determination of import duty uniformly (4) Restrictions on goods quality

Description : Which among the following is not a non-customs duty obstacle in the world trade? (1) Quantity restriction (2) Establishment of Standard of labour in manufacturing (3) Determination of import duty uniformly (4) Restrictions on goods quality

Last Answer : (3) Determination of import duty uniformly Explanation: Non-tariff barriers to trade include import quotas, special licenses, unreasonable standards for the quality of goods, bureaucratic delays at customs, ... duty uniformly is comes under the sovereign duty of a nation. It is internal development.

‘PROTECTION’ means (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Description : ‘PROTECTION’ means (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Last Answer : All of the above

Which among the following is not a non-customs duty obstacle in the world trade ? (1) Quantity restriction (2) Establishment of Standard of labour in manufacturing (3) Determination of import duty uniformly (4) Restrictions on goods quality

Description : Which among the following is not a non-customs duty obstacle in the world trade ? (1) Quantity restriction (2) Establishment of Standard of labour in manufacturing (3) Determination of import duty uniformly (4) Restrictions on goods quality

Last Answer : Determination of import duty uniformly

The major aim of devaluation is to - (1) encourage imports (2) encourage exports (3) encourage both exports and imports (4) discourage both exports and imports

Description : The major aim of devaluation is to - (1) encourage imports (2) encourage exports (3) encourage both exports and imports (4) discourage both exports and imports

Last Answer : (2) encourage exports Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can ... , discouraging imports. As a result, this may help to reduce a country's trade deficit.

Devaluation usually causes the internal prices to : (1) fall (2) rise (3) remain unchanged (4) None of the above

Description : Devaluation usually causes the internal prices to : (1) fall (2) rise (3) remain unchanged (4) None of the above

Last Answer : (3) remain unchanged Explanation: Devaluation reduces the export price in term of foreign currencies in the world market. As a result the exports are increased so as to increase the revenue ... effects on a country's international trade by alluring traders. But, internal prices remain unaffected.

Devaluation usually causes the internal prices to : (1) fall (2) rise (3) remain unchanged (4) None of the above

Description : Devaluation usually causes the internal prices to : (1) fall (2) rise (3) remain unchanged (4) None of the above

Last Answer :  remain unchanged

The major aim of devaluation is to : (1) encourage imports (2) encourage exports (3) encourage both exports and imports (4) discourage both exports and imports

Description : The major aim of devaluation is to : (1) encourage imports (2) encourage exports (3) encourage both exports and imports (4) discourage both exports and imports

Last Answer : encourage exports

An increase in interest rates (a) is likely to reduce savings (b) is likely to reduce external value of currency © Leads to a shift in the MEC schedule (d) Leads to a movement along MEC schedule.

Description : An increase in interest rates (a) is likely to reduce savings (b) is likely to reduce external value of currency © Leads to a shift in the MEC schedule (d) Leads to a movement along MEC schedule.

Last Answer : (d) Leads to a movement along MEC schedule

when the australian economy was based on import-substitution manufacturing -General Knowledge

Description : when the australian economy was based on import-substitution manufacturing -General Knowledge

Last Answer : When the Australian economy was based on import-substitution manufacturing, domestic manufacturing was discouraged.

In which duration, considerable import substitution has taken place in many important areas in capital goods, organic chemicals ? A. two decades B. three decades C. four decades (last) D. five decades

Description : In which duration, considerable import substitution has taken place in many important areas in capital goods, organic chemicals ? A. two decades B. three decades C. four decades (last) D. five decades

Last Answer : C. four decades (last)

In the Indian context, the emphasis on import substitution often run counter to --------- A. the objective of managerial development B. the objective of Sports develpment C. the objective of Skill develpment D. the objective of Technological develpment

Description : In the Indian context, the emphasis on import substitution often run counter to --------- A. the objective of managerial development B. the objective of Sports develpment C. the objective of Skill develpment D. the objective of Technological develpment

Last Answer : D. the objective of Technological develpment