A country's gross national product (GNP) will be higher than gross domestic product (GDP) if:
All of the following items would appear as a credit on the current account of a country's balance of payments accounts except which one?
If a government adopted an expansionary fiscal policy of cutting direct taxes, the businesses that would benefit most would be those whose products:
Which of the following would not increase barriers to world trade?
Country Y and country Z both impose tariffs on goods imported from each other. Which of the following would likely to be a long-term effect of the imposition of such tariffs?
All of the following are features of the process of globalization except which one?
A surplus on the current account of the balance of payments can be financed by
If a government adopted a fiscal policy of cutting its budget deficit, the aggregate demand and supply model shows that the result would be:
Which ONE of the following is NOT required in calculating the EPS of ABC plc?
If in a boom a government adopted a contractionary (restrictive) monetary policy, a typical business would expect to experience:
i. Higher interest payments on its bank borrowing.
ii. Falling credit based sales.
iii. Higher income and corporate taxes.
iv. Lower sales to government agencies.
v. Difficulties in securing working capital
vi. Higher prices for imported components.
