Free MCQsLearn App Download - Gains & Losses of an Exporting Country Quiz Questions and Answers PDF Download 28
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"At the moment free trade is allowed in one's country the domestic prices equals to the", gains and losses of an exporting country Multiple Choice Questions (MCQ) with choices marginal price, basic price, international price, and average price to learn online economics courses. Learn international trade questions and answers with free online certification courses for accredited online business schools.
Quiz on Gains & Losses of an Exporting Country PDF Download 28
MCQ: At the moment free trade is allowed in one's country the domestic prices equals to the
- basic price
- marginal price
- international price
- average price
C
MCQ: Oligopolistic firms prefer not to compete via prices but with the other ways like
- advertising and barriers
- production and selling
- demand and supply
- cost of the product
A
MCQ: The area that is below the demand curve but above the price is known as
- producer surplus
- producer shortage
- consumer surplus
- consumer shortage
C
MCQ: A type of exchange rate that occurs when the government doesn't intervene but allows the value of the currency to be determined by market forces is known as
- fixed exchange rate
- quote currency
- floating exchange rate
- law of one price
C
MCQ: A situation comes when buyers have bought whatever they desired for and sellers have sold out what they had is known to be as
- budget surplus
- market-clearing price
- budget deficit
- equilibrium
B