On the balance-of-payments statements, merchandise imports are classified in the:

Related MCQs

• A ________ provides a summary of freight charges and conveys title to the merchandise.
• With _______, the exporter ships the goods to the importer while still retaining actual title to the merchandise.
• An American firm has just bought merchandise from a British firm for £50,000 on terms of net 90 days. The U.S. company has purchased a 3-month call option of 50,000 pounds at a strike of $1.7 per pound and premium cost of $0.02 per pound. On the day the option matures, the spot exchange rate is $1.8 per pound. Should the U.S. company exercise the option at that time or buy British pounds in the spot market?
• If the value of exports for a country is $35,500,000 and the value of imports is $35,000,000, the balance of trade can be described as
• Over time, international trade (exports plus imports) as a percentage of GDP has:
• If a country experiences high inflation relative to the UK, its exports to the UK should _______________, its imports should ___________, and there is __________ pressure on its currency's equilibrium value.
• Kalons ltd. is a UK-based MNC that frequently imports raw materials from Canada. Kalons is typically invoiced for these goods in Canadian dollars and is concerned that the Canadian dollar will appreciate in the near future. Which of the following is not an appropriate hedging technique under these circumstances?
• If an MNC sells a product in a foreign country and imports partially manufactured components needed for production to that country from the U.S., then the local economy's inflation will have:
• If an MNC sells a product in a foreign country and imports partially manufactured components needed for production to that country from the U.S., then the local economy's inflation will have:
• Govt. policy about exports and imports is called: