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Globalization Challenge Quiz Question and Answers 1 PDF Book Download

Globalization challenge quiz, globalization challenge MCQs with answers, economics quiz 1 for online economics courses. College and university degree MCQs, globalization of world economy quiz questions and answers, globalization challenge multiple choice questions to practice globalization challenge test with answers. Learn globalization challenge MCQs, career aptitude test on demand for labor, different kinds of goods, ppf, globalization challenge test prep for online masters in economics courses distance learning.

Practice globalization challenge career test with multiple choice question (MCQs): act of restraining trade between states through methods such as tariffs on imported goods is known as, to learn economics degree with options globalization, foreign direct investment, embargo, protectionism for business administration degree online. Learn globalization of world economy questions and answers with problem-solving skills assessment test.

Quiz on Globalization Challenge Worksheet 1

Globalization Challenge Quiz

MCQ: Act of restraining trade between states through methods such as tariffs on imported goods is known as

  1. globalization
  2. foreign direct investment
  3. embargo
  4. protectionism

D

PPF Quiz

MCQ: Among many, one of exclusive assumption for production possibility curve is

  1. resources are fully utilized
  2. level of technology has to be flexible
  3. large resources can help goods to be produced in bulk
  4. MPRS Is the ratio by which two goods are being measured

A

Different Kinds of Goods Quiz

MCQ: A good that is both private and public, including partial excludability, partial rivalry, partial diminishability and partial reject ability is known as

  1. public good
  2. rivalry good
  3. revealed preference
  4. quasi good

D

Demand for Labor Quiz

MCQ: Situation when workers leave their jobs to find better ones is known to be as

  1. frictional unemployment
  2. derived demand
  3. full unemployment
  4. under employment

A

Some Determinants of Equilibrium Wage Quiz

MCQ: Job availability, wages, prices or availability of goods and services, and amount of capital investment funding available to minorities for business are best example of

  1. price discrimination
  2. economic discrimination
  3. society discrimination
  4. job discrimination

B