Which of the following pairs is not correctly matched?
A. It explains changes in national income and their impact on BoP ⟺ The absorption approach to BoP
B. It emphasises the role played by money supply incountry's BoP ⟺ Monetary approach to BoP
C. The volumes of exports and imports of a country is determined by relative prices ⟺ Traditional approach to BoP
D. None of the above
Answer: Option D
A. Importing
B. Exporting
C. Franchising
D. Joint Ventur
Foreign trade helps each country to make . . . . . . . . use of its natural resources.
A. optimal
B. loss
C. better
D. none of these
The effects of foreign trade on the domestic economy maybe at
A. Micro level
B. Macro level
C. Both A and B
D. Neither A nor B
A. Chief controller of Imports and Exports
B. Director General of Foreign Trade
C. Director General of Commercial Intelligence
D. Chief Controller of Foreign Trade

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