Global MCQ Practice

Home > Finance > Economics > International Economics > International Trade > International Trade – Quiz 42
🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books

International Trade Quiz 42 (25 MCQs)

Quiz Instructions:

Select an option to see the correct answer instantly.

1. Measures the price of one nation's currency in terms of another nation's currency
2. Which is most likely to cause country X's exchange rate to depreciate? A an increase in country X's demand for imports B an increase in country X's interest rate C an increase in foreign demand for country X's exports D an increase in tourist visits to country X
3. A trading partner Australia currently has a trade tension with is:
4. In the exchange rate between the Euro and the Peso, if the supply of Euros increase, what happens in the Market for Pesos?
5. Which of the following is NOT one of the main instruments of trade policy
6. Unfortunately the recent takeover will result in a number of _____ at the plant.
7. IATA stands for International Asia Travel Association.
8. What is the action "to have control over a place or person" ?
9. The difference in value between a country's imports and exports is called its balance of trade.
10. Who is part of NAFTA?
11. Foreign firms could face problems in the domestic if they are not able to meet their standard.
12. A _____ is a group of countries that eliminate all tariffs on trade with each other but retain autonomy in determining their tariffs with nonmembers.
13. What did the U.S. government use to produce revenue before it imposed income taxes on its labor force
14. NAFTA is an agreement between all of the following countries EXCEPT
15. Sale of goods abroad at a price below their cost and below the price charged in the domestic market is a dumping.
16. In the formula of relative wage which stands for the wage rate in a foreign country?
17. Insurance agent_____
18. Over the last 50 years, trade between nations has decreased
19. Basic principle of GATT referred to the no discrimination
20. Which country is NOT the member of ASEAN?
21. Protectionism represents a serious risk to Australia's interests
22. What is a primary reason why businesses trade with emerging countries?
23. This person is in charge of the bookkeeping and payroll
24. This Development World Trading System was came after the originated country wherein GATT members embarked on their eighth round of negotiations to reduce tariffs.
25. What theme of international economics is relatively a new part of international economics and, for the most part, fixed by government action rather than determined by the marketplace?
← PreviousNext →

Related Quizzes

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