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Trade can make everyone better off Quiz Question and Answers 88 PDF Book Download

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Quiz on Trade can make everyone better off Worksheet 88

Trade can make everyone better off Quiz

MCQ: Our families gain much from

  1. Trade
  2. incentives
  3. goals
  4. policies

A

Motives for International Capital Flows Quiz

MCQ: Type of integration that helps companies reduces costs and improves efficiency by decreasing transporting cost falls under

  1. horizontal integration
  2. backward integration
  3. integration
  4. vertical integration

D

Other Non-tariff Barriers & New Protectionism Quiz

MCQ: An activity called restrictive trade where barriers to trade are set-up and take a form other than a tariff is known as

  1. non-tariff trade barriers
  2. embargo
  3. sanction
  4. limitation

A

Partial Equilibrium Analysis Quiz

MCQ: Sector that imposes export tariffs to protect its own industries and people is known as

  1. government
  2. social sector
  3. capital sector
  4. community

A

Total Revenue & Price Elasticity of Demand Quiz

MCQ: If I (buyer) am buying 10 lays worth of $100 to seller, that $100 would be his

  1. average revenue
  2. total revenue
  3. marginal revenue
  4. zero revenue

B