Global MCQ Practice

Home > Finance > Economics > International Economics > International Trade > International Trade – Quiz 148
🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books

International Trade Quiz 148 (25 MCQs)

Quiz Instructions:

Select an option to see the correct answer instantly.

1. The forms of non-tariff barriers in the customs sector are:
2. Any law passed to limit free trade between nations is called a trade
3. Scenario:Chuck Praeger, Global EntrepreneurChuck Praeger has made a name for himself by selling high-quality golf equipment to customers in Europe. He would like to expand his business into the Pacific Rim countries and has therefore, begun making inquiries into potential distributors.Chuck is convinced that his golf equipment will sell itself. But he is preparing a special presentation for Asian customers because he wants to make a good first impression. As an expert in culture of the Pacific Rim countries, which of the following would be your most likely advice to Chuck?
4. Which of the following is likely to occurfollowing the depreciation of the United Statesdollar?
5. The part of a sales contract that defines who is responsible for paying for the financial protection of the goods in case of loss during shipment is
6. Which countries are not making progress in using non-renewables and in reducing pollution?
7. One of the many goods exported by Indonesia from the industrial sector is _____
8. Taxes on imports which are levied specifically to raise money are called
9. Who would say the following? "Industries could become too reliant on government protections and not want to give them up."
10. When the US places higher tariffs on imported cars, what happens?
11. A tax imposed on imported goods:
12. What does the theory of comparative advantage assume about technological advancements?
13. Copyright laws are supposed to protect _____ a creation whose source is someone's intellect, rather than physical property.
14. Other goes over is used for
15. History and experience have shown that economies become most efficient at converting resources into desired products when there is
16. Refer to the cost advantage experienced by a firm when it increases its level of output
17. What is the challenge for policymakers regarding international trade?
18. WHAT ARE THE NEGATIVE IMPACT OF TARIFFS
19. Bank charges are often divided into the following groups:except
20. According to Heckscher-Ohlin theorem, international trade is determined by
21. If a business is locally based it is easier to compete in foreign markets, why does this happen?
22. A payment in which the importer's bank guarantees payment to the exporter is
23. Protests and attempts to achieve organizational goals through other people are called_____
24. Liberalism is the dominant approach in
25. _____ is when a nation or individual concentrates its productive efforts on producing a limited variety of goods
← PreviousNext →

Related Quizzes

🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books