The ratio between a country’s exports and her imports prices is the
- A. balance of trade
- B. balance of payments
- C. terms of trade
- D. exchange rate
The ratio between a country’s exports and her imports prices is the
- A. balance of trade
- B. balance of payments
- C. terms of trade
- D. exchange rate
“Net 3 months” on an invoice means the buyer will
- A. pay interest after 3 months
- B. gets discount if he pays within 3 months
- C. pay full invoice amount after 3 months
- D. have discount if he pays after 3 months
“Net 3 months” on an invoice means the buyer will
- A. pay interest after 3 months
- B. gets discount if he pays within 3 months
- C. pay full invoice amount after 3 months
- D. have discount if he pays after 3 months
Which of the following is engaged in commercial occupation?
- A. a brick layer
- B. an engineer
- C. an insurance broker
- D. a barber
In a hire purchase contract, the customer becomes the legal owner of the goods by
- A. paying the last installment
- B. paying the first installment
- C. taking possession of the goods
- D. paying half the purchase price
In a hire purchase contract, the customer becomes the legal owner of the goods by
- A. paying the last installment
- B. paying the first installment
- C. taking possession of the goods
- D. paying half the purchase price
Shares, bonds, stocks and debentures traded on the stock exchange are collectively called
- A. collaterals
- B. commodities
- C. resources
- D. securities
Shares, bonds, stocks and debentures traded on the stock exchange are collectively called
- A. collaterals
- B. commodities
- C. resources
- D. securities
A price quotation which includes all the expenses involved in loading the goods into a ship is
- A. Free on Board (FOB)
- B. Free Alongside Ship (FAS)
- C. Cost, Insurance, Freight (C.I.F)
- D. ex-ship
A price quotation which includes all the expenses involved in loading the goods into a ship is
- A. Free on Board (FOB)
- B. Free Alongside Ship (FAS)
- C. Cost, Insurance, Freight (C.I.F)
- D. ex-ship