Free MCQsLearn App Download - General Equilibrium Analysis Quiz Questions and Answers PDF Download 37
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"The rate as a fraction of the price paid to foreigners, equals to the reciprocal of the elasticity supply of a country's imports is called as", general equilibrium analysis Multiple Choice Questions (MCQ) with choices specified rate, rate of effective protection, net rate, and nationally optimal tariff to learn e-learning courses. Learn international trade policy questions and answers with free online certification courses for online courses for business management degree.
Quiz on General Equilibrium Analysis PDF Download 37
MCQ: The rate as a fraction of the price paid to foreigners, equals to the reciprocal of the elasticity supply of a country's imports is called as
- rate of effective protection
- specified rate
- net rate
- nationally optimal tariff
D
MCQ: The concept that occurs when the output increases by a larger proportion than the increase in inputs during the production process is known as
- Leontief paradox
- economies of scale
- increasing return to scale
- decreasing return to scale
C
MCQ: A type of market structure in which a small number of firms has the large majority of market share is known as
- monopoly
- free market
- imperfect market
- oligopoly
D
MCQ: The situation when income is less than the average income by a certain amount is known as
- partial poverty
- under poverty
- relative poverty
- absolute poverty
C
MCQ: Tariffs are only concerned when a good or services of one's country are
- exported
- imported
- produce
- sell
B