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Externality & Market Efficiency Quiz Questions and Answers PDF Download 70

Practice Externality and Market Efficiency quiz questions and answers, externality and market efficiency MCQs with answers PDF to solve economics worksheet 70 for online graduate programs. Practice Externalities quiz questions with answers, externality and market efficiency multiple choice Questions and Answers (MCQ) to solve externality and market efficiency test with answers for online university degrees. Free externality and market efficiency MCQs, mercantilist's view on trade, trade creating custom unions, demand curve, partial equilibrium analysis, externality and market efficiency test prep for online bachelor's degree in business.

"A benefit that is enjoyed by a third-party as a result of an economic transaction is known as", externality and market efficiency Multiple Choice Questions (MCQ) with choices externality, negative externality, public good, and positive externality to learn online certification courses. Learn externalities questions and answers with free online certification courses for general business degree online.

Quiz on Externality & Market Efficiency PDF Download 70

Externality & Market Efficiency Quiz

MCQ: A benefit that is enjoyed by a third-party as a result of an economic transaction is known as

  1. negative externality
  2. externality
  3. public good
  4. positive externality

D

Partial Equilibrium Analysis Quiz

MCQ: The type of tariff which let increases the costs to sell the domestic products across the nation's boundaries is known as

  1. import tariff
  2. ad valorem tariff
  3. specific tariff
  4. export tariff

D

Demand Curve Quiz

MCQ: Quantity demand and prices of a commodity are when drawn on a graph gives you a picture of

  1. supply curve
  2. IS-LM curve
  3. demand curve
  4. isoquant

C

Trade Creating Custom Unions Quiz

MCQ: An economic term in which trade is distorted from an efficient exporter towards a less efficient one by the formation of custom unions is known as

  1. trade union
  2. trade creation
  3. trade bloc
  4. trade diversion

D

Mercantilist's View on Trade Quiz

MCQ: The type of trade theory which recommends that a country's best interest is to maintain a

  1. trade deficit
  2. trade equilibrium
  3. trade surplus
  4. zero trade

C