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CIMA Updated BA1 Exam Questions and Answers by fearne

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CIMA BA1 Exam Overview :

Exam Name: Fundamentals of Business Economics
Exam Code: BA1 Dumps
Vendor: CIMA Certification: CIMA Certificate
Questions: 468 Q&A's Shared By: fearne
Question 12

In a fully employed economy, which one of the following would lead to demand pull inflation?

Options:

A.

A reduction in the rate of income tax

B.

A rise in value added tax

C.

An increase in the world price of oil

D.

A rise in interest rates

Discussion
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Question 13

The distinguishing feature of a transnational (multinational) company is that

Options:

A.

it exports its products to more than one country.

B.

its production process uses inputs from more than one country.

C.

it has production facilities in more than one country.

D.

it has shareholders in more than one country.

Discussion
Question 14

Which ONE of the following is an External stakeholder in a state-owned energy provider?

Options:

A.

The industry regulator

B.

A firm selling equipment to the energy provider

C.

Customers of the energy provider

D.

The government

Discussion
Question 15

Following a 10% reduction in the value of its currency, the volume of imports into the country falls by 10%, whilst the volume of exports rises by 15%.

Which of the following effects will occur?

Options:

A.

Balance of payments will improve

B.

Balance of payments will deteriorate

C.

Terms of trade will improve

D.

The central bank will be forced to borrow more foreign exchange to cover the shortfall

Discussion
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