Which of the following does not include the invisible items?

(a)

Balance of Trade

(b)

Balance of payments

(c)

Both (a) and (b)

(d)

None of these

Balance of payment of a country includes ______.

(a)

Current account

(b)

Monetary account

(c)

Capital account

(d)

All of the above

Final balance of payments of a country is ______

(a)

Always balanced

(b)

Always deficit

(c)

Always surplus

(d)

Fluctuates

Balance of payments of a country has ______  parts.

(a)

2

(b)

3

(c)

4

(d)

5

If balance of payments of a country is in deficit, then _______

(a)

Current Account will be in deficit

(b)

Money supply can be increased to deficit

(c)

Country can borrow from abroad

(d)

(a) and (c) of the above