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International Economic Theories & Policies Questions and Answers PDF Download 66

Practice International Economic Theories and Policies trivia questions and answers, international economic theories and policies quiz answers PDF to solve economics mock test 66 for online degrees. Practice Globalization of World Economy trivia questions and answers, international economic theories and policies multiple choice Questions and Answers (MCQ) to solve international economic theories and policies test with answers for online university degrees. Free international economic theories and policies MCQs, what is competitive market?, ppf, demand for labor, mercantilist's view on trade, international economic theories and policies test prep for online schools for business administration.

"Some countries do impose on the inflow and outflow of the goods and services that lies outside of your own country but don't do it", international economic theories and policies Multiple Choice Questions (MCQ) with choices door to door, internally/domestically, people to people, and market to market to learn e-learning courses. Learn globalization of world economy questions and answers with free online certification courses for accredited online business management degree.

Trivia Quiz on International Economic Theories & Policies PDF Download 66

International Economic Theories & Policies Quiz

MCQ: Some countries do impose on the inflow and outflow of the goods and services that lies outside of your own country but don't do it

  1. internally/domestically
  2. door to door
  3. people to people
  4. market to market

A

Mercantilist's View on Trade Quiz

MCQ: The theory that refers to more land, more trade and more gold that equals to more power and more wealth is known as

  1. absolute advantage
  2. comparative advantage
  3. mercantilist
  4. comparative disadvantage

C

Demand for Labor Quiz

MCQ: The situation where people who are willing to work at or below prevailing wage rates cannot find employment is known as

  1. fictional unemployment
  2. under employment
  3. unemployment
  4. full employment

C

PPF Quiz

MCQ: Choosing an investment bond over and investment in shares is an example of

  1. explicit cost
  2. implicit cost
  3. opportunity cost
  4. zero cost

C

What is Competitive Market? Quiz

MCQ: When the firm's revenue is equal to the firm's cost, this situation falls under

  1. abnormal profit
  2. economic losses
  3. normal profit
  4. super normal profit

C