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Mercantilist's View on Trade Quizzes Online MCQs PDF Download 95

Practice Mercantilist's View on Trade quiz questions, mercantilist's view on trade multiple choice questions and answers PDF to prepare economics exam worksheet 95 for online certificate programs. Practice Law of Comparative Advantage quiz with answers, mercantilist's view on trade multiple choice Questions and Answers (MCQ) to solve mercantilist's view on trade test with answers for online university degrees. Free mercantilist's view on trade MCQs, between monopoly and perfect competition, what are costs?, mercantilist's view on trade test prep for online schools for business management.

"The law of comparative advantage was being presented by the famous political economist names as", mercantilist's view on trade Multiple Choice Questions (MCQ) with choices adam smith, john maynard keynes, david ricardo, and dominick salvatore for online bachelor degree programs in business administration. Learn law of comparative advantage questions and answers with free online certification courses for online schools for business administration.

Mercantilist's View on Trade Questions and Answers PDF Download 95

Mercantilist's View on Trade Quiz

MCQ: The law of comparative advantage was being presented by the famous political economist names as

  1. john Maynard Keynes
  2. Adam smith
  3. David Ricardo
  4. Dominick Salvatore

C

What are Costs? Quiz

MCQ: The type of cost that arise from using the asset rather than renting it out is known as

  1. explicit cost
  2. implicit cost
  3. economic profit
  4. total profit

B

Mercantilist's View on Trade Quiz

MCQ: The phenomena that goods bought into a country are called imports and those sold to another country are called exports is known as

  1. international trade
  2. gains from trade
  3. pattern of trade
  4. mercantilism

C

Between Monopoly & Perfect Competition Quiz

MCQ: Oligopoly is same as monopoly but in oligopoly market structure there is dominancy of

  1. Two or more firms
  2. One firm
  3. Two to three firms
  4. up to infinity

A

What is Competitive Market? Quiz

MCQ: The type of cost that has already been incurred and cannot be recovered is known as

  1. total cost
  2. fixed cost
  3. variable cost
  4. sunk cost

D