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Development and International Trade Flashcards | StudBud

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Development and International Trade

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Questions 7

Answers

1
What are systems that limit the right of individuals to buy foreign currency called?
exchange market intervention
foreign exchange controls
import quotas
foreign exchange reserves
2
Which is NOT a component of the balance of payments?
financial account
current account
none of the above
balance of payments on goods and services
3
What does HDI measure?
long and healthy life
GDP per capita
inequality between men and women
proportion of people who are deprived of opportunities
4
Which is NOT a source of economic growth?
adequate banking system
technological factors
higher life expectancy
improvement in education
5
What is NOT true about micro-finance?
small loans for the poor
it is mostly given to men
used for people who have no access to traditional sources
allows people to start up their own businesses
6
What is a common characteristic among developing countries?
political structures
per capita income levels
the structure of industry
low levels of productivity
7
What is the rate at which the Q of a currency demanded in foreign exchange market is = to QS?
real exchange rate
floating exchange rate
fixed exchange rate
equilibrium exchange rate