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Economics Practice Test 88

Trade can make everyone better off Multiple Choice Questions (MCQ) PDF - 88

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Trade can make everyone better off Questions and Answers PDF Download: Quiz 88

MCQ 436: Our families gain much from

A) Trade
B) incentives
C) goals
D) policies

MCQ 437: The type of integration that helps companies reduces costs and improves efficiency by decreasing transporting cost falls under

A) horizontal integration
B) backward integration
C) integration
D) vertical integration

MCQ 438: An activity called restrictive trade where barriers to trade are set-up and take a form other than a tariff is known as

A) non-tariff trade barriers
B) embargo
C) sanction
D) limitation

MCQ 439: The sector that imposes export tariffs to protect its own industries and people is known as

A) government
B) social sector
C) capital sector
D) community

MCQ 440: If I (buyer) am buying 10 lays worth of $100 to the seller, that $100 would be his

A) average revenue
B) total revenue
C) marginal revenue
D) zero revenue

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Trade can make everyone better off App (Android & iOS)

Trade can make everyone better off App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)