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Quiz on Trade can make everyone better off PDF Download 88
MCQ: Our families gain much from
- Trade
- incentives
- goals
- policies
A
MCQ: The type of integration that helps companies reduces costs and improves efficiency by decreasing transporting cost falls under
- horizontal integration
- backward integration
- integration
- vertical integration
D
MCQ: An activity called restrictive trade where barriers to trade are set-up and take a form other than a tariff is known as
- non-tariff trade barriers
- embargo
- sanction
- limitation
A
MCQ: The sector that imposes export tariffs to protect its own industries and people is known as
- government
- social sector
- capital sector
- community
A
MCQ: If I (buyer) am buying 10 lays worth of $100 to the seller, that $100 would be his
- average revenue
- total revenue
- marginal revenue
- zero revenue
B