Global MCQ Practice

Home > Finance > Economics > International Economics > International Trade > International Trade – Quiz 86
🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books

International Trade Quiz 86 (25 MCQs)

Quiz Instructions:

Select an option to see the correct answer instantly.

1. Internal economies of scale
2. The following are the Forms of the Travel Association that are based on the "Education & Training needs of the Industry." Which is TRUE?
3. What are "remittances?"
4. Goods and services produced in other countries and sold domestically.
5. Indonesia's victory in the trade dispute with the United States at the WTO in 2014 was related to product exports_____
6. How do exports contribute to employment and income in Australia?
7. Which headline would ASEAN be MOST LIKELY to oppose?
8. Which element can not move across bounder in international economic?
9. Unit of metal or paper money used in exchange for goods or services
10. Why does a country with a trade deficit need to sell assets?
11. Between 2005 and 2010, a country's import prices rose by 25% and its terms of trade rose to 120 (2005 = 100). Which change has there been in the country's export prices?A-5% B 12.5% C 45% D 50%
12. It is calculated by adding personal consumption, expenditures, government expenditures, private investment, private domestic investment, net export and all income earned by residents in foreign countries minus income earned by foreign residents within the domestic economy
13. Which of the following is the main achievements of Uruguay Round?
14. Which term is used to describe the comparison of the amount of foreign currency taken into a country versus the amount of domestic currency paid out?
15. Imagine that in France it takes 3 hours of labor to produce a loaf of bread and 9 hours to
16. NAFTA stands for _____
17. Which action would be best for a country seeking a comparative advantage in global trade?
18. Sanitary and Phytosanitary Measures are a form of non-tariff barriers in the form of:
19. What was GATT converted to?
20. WTO would make it more effective at policing global trade rules than the GATT had been.
21. What percentage of the world's consumer goods are transported using stackable sea containers, worth trillions of dollars?
22. Which of the following is one of the conditions specified in eclectic theory for the occurrence of foreign direct investment?
23. The limit on the quantity of a product that may be imported or exported.
24. A country has a deficit on its current account of its balance of payments. What could increase the size of its deficit? A increased exports of its services B increased international competitiveness of its goods C increased numbers of visitors from abroad D increased spending on its military bases abroad
25. What is the acronym for VAT?
← PreviousNext →

Related Quizzes

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