CDS Economics
International Economics — Quiz
20 Questions · No Negative Marking
Question 1
When a currency's value falls due to market forces in a floating exchange rate system, it is called: (CDS PYQ)
ADevaluation of the currency
BRevaluation of the currency
CDepreciation of the currency
DDeflation in the economy
Question 2
The Balance of Payments (BoP) of a country: (CDS PYQ)
ARecords only international merchandise trade in physical goods
BRecords every economic transaction between a nation's residents and the rest of the world
CIs the same as the merchandise trade balance covering goods only
DRecords only financial capital flows while excluding goods and services
Question 3
The theory of Comparative Advantage in international trade was developed by: (CDS PYQ)
AAdam Smith
BJohn Maynard Keynes
CDavid Ricardo
DKarl Marx
🔒
Unlock the Full Quiz
Get all 20 questions with answer options, instant scoring, and detailed explanations for every question — plus full access to all chapters, PDFs, and mock tests.
Unlock Full Access →
← Back