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Globalization Challenge Quiz Question and Answers 1 PDF Download

Globalization challenge quiz questions, learn economics online test prep 1 for distance learning, online degrees courses. Colleges and universities courses' MCQs on globalization of world economy quiz, globalization challenge multiple choice questions and answers to learn globalization challenge quiz with answers. Practice globalization challenge MCQs, GMAT test prep on some determinants of equilibrium wage, demand for labor, different kinds of goods, ppf, globalization challenge practice test for online masters in economics courses distance learning.

Study globalization challenge online courses with multiple choice question (MCQs), act of restraining trade between states through methods such as tariffs on imported goods is known as, for bachelor degree and masters in economics degree questions with choices globalization , foreign direct investment, embargo, protectionism with online distance learning portal for students of 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


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


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


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


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