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Globalization Challenge Quiz Question and Answers 1 PDF Download

Learn globalization challenge quiz online, economics test 1 for online learning, distance learning courses. Free BBA economics MCQs questions and answers to learn globalization challenge quiz with answers. Practice tests for educational assessment on globalization challenge test with answers, 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.

Free online globalization challenge course worksheet has multiple choice quiz question: act of restraining trade between states through methods such as tariffs on imported goods is known as with choices globalization , foreign direct investment, embargo and protectionism with online distance learning portal for students of business administration degree online, study globalization of world economy multiple choice questions based quiz question and answers.

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