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Quiz on International Economic Theories & Policies PDF Download 55
MCQ: The network of banks that trade currencies with each other is known as
- mortgage market
- over-the-counter market
- foreign market
- inter bank market
D
MCQ: A specific fee charged by a government on a product, income or activity is called as
- income tax
- sales tax
- tax
- ad-valorem tax
C
MCQ: An economy that is self-sufficient like no imports are brought in and no exports are sent out and fulfils the consumers goal staying within the economy is known as
- open economy
- closed economy
- mixed economy
- upgraded economy
B
MCQ: The percentage by which the entire set of a nation's trade barriers raises the industry's value added per unit of output is known as
- rate of effective protection
- revenue effect
- specified rate
- optimal rate
A
MCQ: An unadjusted weighted average rate at which one country's currency exchanges for a basket of multiple foreign currencies is known as
- cross exchange rate
- foreign exchange rate
- effective exchange rate
- zero exchange rate
C