--------------- takes into account only merchandize exports and imports

Related MCQs

• ------------- of a country is the relation over a period between the values of her exports and the values of her imports
• When imports increase, the supply of foreign currency -------------
• When exports increase, the supply of foreign currency -----------
• The settlement of spot transactions takes place within
• GATT came into existence in ----------------
• WTO came into existence with a membership of ------------------
• The difference between the value of goods and services exported and imported is called -------------
• The difference between buying and selling rate is called
• Devaluation will improve when elasticity of demand of country’s export and import is
• Central bank is likely to set policies and procedures to keep the exchange rate ------------------