Question : The current account balance is calculated as:

Option 1: Exports minus imports

Option 2: Exports plus imports

Option 3: Imports minus exports

Option 4: Imports plus exports

Question : Net exports = ?

Option 1: Exports - Imports

Option 2: Exports + Imports

Option 3: Only Exports 

Option 4: None of the above.

Question : The difference between exports and imports is _______.
 

Option 1: Net exports
 

Option 2: Net imports
 

Option 3: Disposable income
 

Option 4: All of the above.
 

Question : Net National Product of a country is:

Option 1: Gross Domestic Product (GDP) minus depreciation allowances

Option 2: Gross Domestic Product (GDP) plus net income from abroad

Option 3: Gross National Product (GNP) minus net income from abroad

Option 4: Gross National Product (GNP) minus depreciation allowances

Question : When price of a foreign currency falls ______from that foreign country becomes cheaper and ________ increases.
 

Option 1: Imports, imports
 

Option 2: Exports, exports
 

Option 3: Imports, exports
 

Option 4: Exports, Imports