The difference between the total amount owed to a country and the total amount owed by it is
trade surplus
terms of trade
trade gap
balance of trade
balance of payments
Correct answer is E
No explanation has been provided for this answer.
i and iii only
i, ii and iii only
ii and iii only
ii and iv only
ii, iii and iv only
Correct answer is E
No explanation has been provided for this answer.
The major disadvantage of pipeline transportation is that it
does not involve toomuch labour
reduces road congestion
is fast
is not easy to detect damages
is not affected by weather
Correct answer is D
No explanation has been provided for this answer.
Which of the following covers damages to the body of a ship and its machinery?
Freight insurance
Cargo insurance
General average insurance
Voyage policy
Hull insurance
Correct answer is E
No explanation has been provided for this answer.
Which of the following is true of a merger?
Original names of the companies are retained
Expansion is restricted
All debts are written off
The company formed aquires a new name
All workers are paid bonuses
Correct answer is D
No explanation has been provided for this answer.