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Gains & Losses of an Exporting Country Quiz Questions and Answers PDF Download 4

Practice Gains and Losses of an Exporting Country quiz questions and answers, gains and losses of an exporting country MCQs with answers PDF to solve economics worksheet 4 for online graduate programs. Practice International Trade quiz questions with answers, gains and losses of an exporting country multiple choice Questions and Answers (MCQ) to solve gains and losses of an exporting country test with answers for online university degrees. Free gains and losses of an exporting country MCQs, balance of payments accounting principles, factor intensity, factor abundance, and shape of frontier curve, deadweight loss of taxation, producer surplus, gains and losses of an exporting country test prep for online schools for business administration.

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Quiz on Gains & Losses of an Exporting Country PDF Download 4

Gains & Losses of an Exporting Country Quiz

MCQ: As the domestic quantity supply is larger than the domestic quantity demanded, country would gain by

  1. importing
  2. selling domestically
  3. exporting
  4. producing domestically

C

Producer Surplus Quiz

MCQ: An amount that has to be paid or given up in order to get something is called as

  1. surplus
  2. shortage
  3. willingness to pay
  4. cost

D

Deadweight Loss of Taxation Quiz

MCQ: The difference between before tax-wages and after tax-wages is known as

  1. tax incidence
  2. tax administration
  3. tax wedge
  4. tax pay

C

Factor Intensity, Factor Abundance, & Shape of Frontier Curve Quiz

MCQ: If you hold output prices constant as the amount of a factor of production increases, then the supply of the good that uses this factor intensively increases and the supply of the other good decreases falls under

  1. stolper-samuelson theorem
  2. laissez faire theorem
  3. rybczynski theorem
  4. factor-price equalization theorem

C

Balance of Payments Accounting Principles Quiz

MCQ: The type of account that refers to the sum of the balance of trade, net income from abroad and net current transfers is called as

  1. financial account
  2. summary accountability
  3. current account
  4. self account

C