Free MCQsLearn App Download - World Price & Comparative Advantage Questions and Answers PDF Download 30
Practice World Price and Comparative Advantage trivia questions and answers, world price and comparative advantage quiz answers PDF to solve economics mock test 30 for online degrees. Practice International Trade trivia questions and answers, world price and comparative advantage multiple choice Questions and Answers (MCQ) to solve world price and comparative advantage test with answers for online university degrees. Free world price and comparative advantage MCQs, demand curve, producer surplus, globalization challenge, between monopoly and perfect competition, world price and comparative advantage test prep for online degrees.
"The quantity of payment or compensation given by one party to another in return for goods or services is called as", world price and comparative advantage Multiple Choice Questions (MCQ) with choices cost, benefit, price, and margin for online economics classes. Learn international trade questions and answers with free online certification courses for online business administration degree classes.
Trivia Quiz on World Price & Comparative Advantage PDF Download 30
MCQ: The quantity of payment or compensation given by one party to another in return for goods or services is called as
- benefit
- cost
- price
- margin
C
MCQ: The type of situation takes place when rival companies cooperate for their mutual benefit is known as
- cartel
- collusion
- agreement
- discussion
B
MCQ: Employment and wages could be increased if one country starts exporting more by applying
- embargoes
- trade negotiation
- tariffs
- quotas
B
MCQ: One of the well-known measure for a producer welfare is known as
- economic welfare
- welfare economics
- producer surplus
- producer shortage
C
MCQ: A product that can be interchanged with another good without any loss of use or value is known as
- inferior goods
- complementary goods
- substitutes
- normal goods
C