Preference

Question: Full meaning of SCO is--

  1. a.
    Shanghai Co-operation Organization
  2. b.
    Scottish Co-operation Organization
  3. c.
    Shenzu Co-operation Organization
  4. d.
    South African Co-operation Organization
  5. e.
    None of the above
Answer: a

Question: EPZ stands for--

  1. a.
    Export Promotion Zone
  2. b.
    Expert Promotion Zone
  3. c.
    Export Processing Zone
  4. d.
    Expert Processing Zone
  5. e.
    None
Answer: c

Question: Which feature of the economy could explain why the purchasing power parity exchange rate of the Rupee in much higher then its market exchange rate?

  1. a.
    high levels of rural unemployment
  2. b.
    high levels of duty on imported goods
  3. c.
    the relatively low rate of inflation
  4. d.
    the relatively low price of goods not trated internationally
  5. e.
    None of the above
Answer: c

Question: Trade that takes place between two countries or among more than two countries is called---

  1. a.
    surplus trade
  2. b.
    balanced trade
  3. c.
    internal trade
  4. d.
    international trade
  5. e.
    none
Answer: d

Question: How many countries are the members of Asian Clearing Union(ACU)?

  1. a.
    9
  2. b.
    10
  3. c.
    12
  4. d.
    8
  5. e.
    14
Answer: a

Question: Bangladesh has trade surplus with which country?

  1. a.
    India
  2. b.
    USA
  3. c.
    China
  4. d.
    Singapore
  5. e.
    None of these
Answer: b

Question: Import quotas to be associated with--

  1. a.
    expand domestic production and sales
  2. b.
    increase import
  3. c.
    lower domestic consumer price
  4. d.
    raise foreign consumer price
  5. e.
    None of these
Answer: a

Question: Which of the following is the target year for achieving the Millennium Development Goal(MDG)?

  1. a.
    2015
  2. b.
    2020
  3. c.
    2021
  4. d.
    2026
  5. e.
    None of these
Answer: a

Question: A country decides to allow its foreign exchange rate to float freely. Which item in the country's balance of payments accounts will become zero?

  1. a.
    the current account balance
  2. b.
    the visible trade balance
  3. c.
    changes in official reserve of foreign currency
  4. d.
    net investment overseas by domistic residents
  5. e.
    none of them
Answer: c

Question: Which is not the cause of deficit in foreign trade of Bangladesh?

  1. a.
    adverse terms of trades
  2. b.
    food deficit
  3. c.
    export of readymade garment
  4. d.
    import of industrial goods
  5. e.
    none of them
Answer: c

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