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Gains & Losses of an Exporting Country Quiz Question and Answers 4 PDF Download

Learn gains & losses of an exporting country quiz, online economics test 4 for online courses, distance learning. Free BBA economics MCQs questions and answers to learn gains & losses of an exporting country MCQs with answers. Practice MCQs to test knowledge on gains & losses of an exporting country, producer surplus, deadweight loss of taxation, factor intensity, factor abundance, & shape of frontier curve, balance of payments accounting principles worksheets.

Free gains & losses of an exporting country course worksheet has multiple choice quiz question as as domestic quantity supply is larger than domestic quantity demanded, country would gain by with options importing, selling domestically, exporting and producing domestically with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study international trade multiple choice questions based quiz question and answers.

Quiz on Gains & Losses of an Exporting Country Worksheet 4

Gains & Losses of an Exporting Country Quiz

MCQ. As domestic quantity supply is larger than domestic quantity demanded, country would gain by

  1. importing
  2. selling domestically
  3. exporting
  4. producing domestically

C

Producer Surplus Quiz

MCQ. An

  1. surplus
  2. shortage
  3. willingness to pay
  4. cost

D

Deadweight Loss of Taxation Quiz

MCQ. Difference between before tax-wages and after tax-wages is known as

  1. tax incidence
  2. tax administration
  3. tax wedge
  4. tax pay

C

Factor Intensity, Factor Abundance, & Shape of Frontier Curve Quiz

MCQ. If you hold output prices constant as amount of a factor of production increases, then supply of good that uses this factor intensively increases and supply of other good decreases falls under

  1. stolper-samuelson theorem
  2. laissez faire theorem
  3. rybczynski theorem
  4. factor-price equalization theorem

C

Balance of Payments Accounting Principles Quiz

MCQ. Type of account that refers to sum of balance of trade, net income from abroad and net current transfers is called as

  1. financial account
  2. summary accountability
  3. current account
  4. self account

C