Free MCQsLearn App Download - Economies of Scale & International Trade Questions and Answers PDF Download 96
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"The concept that occurs when some activity is being performed outside of a firm but within an industry is known to be as", economies of scale and international trade Multiple Choice Questions (MCQ) with choices internal economies of scale, economies of scale, external economies of scale, and diseconomies of scale for online school programs. Learn economies of scale, imperfect competition, and international trade questions and answers with free online certification courses for online business and administration degree.
Trivia Quiz on Economies of Scale & International Trade PDF Download 96
MCQ: The concept that occurs when some activity is being performed outside of a firm but within an industry is known to be as
- economies of scale
- internal economies of scale
- external economies of scale
- diseconomies of scale
C
MCQ: The organization that set/negotiate trade agreement between almost all of the nations in the world is
- UNO
- UNDP
- WTO
- SAARC
C
MCQ: A free trade union with a common policy regarding tariffs and measures having equivalent effect is known as
- free trade agreement
- European free trade area
- custom union
- European union
C
MCQ: Monopolies can become inefficient and less innovative over time because they do not have to compete with other producers in a marketplace and thus creates
- abnormal profit
- loss
- super normal profit
- dead weight loss
D
MCQ: If someone loses their job, they may sell some of their wealth and convert it into income to help cover for their period of need until they can find another job, is the best example for
- transitory income
- permanent income
- life cycle hypothesis income
- total income
A