Bank Interview Questions Paper 2010

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11/8/2010 10:34:28 AM

Prem Sood

	Bank Interview Questions Paper 2010
	Bank Interview Questions paper 2010 1. What is Balance of Trade? The value of a country’s exports minus the value of its imports. Unless specified as the balance of merchandise trade, it normally incorporates trade in services, including earnings (interest, dividends, etc.) on financial assets. 2. What is Balanced Trade? When A balance of trade equal to zero. (exports-imports=0) 3. What is Balance of merchandise trade? The value of a country’s merchandise exports minus the value of its merchandise imports. 4. What is a favorable balance of trade? It is the difference between exports and imports. Debit items include imports, foreign aid, domestic spending abroad and domestic investments abroad. Credit items include exports, foreign spending in the domestic economy and foreign investments in the domestic economy. A country has a trade deficit if it imports more than it exports; the opposite scenario is a trade surplus. For More Download Attachment Download

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