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Economics Practice Test 51

World Price and Comparative Advantage Quiz PDF: Questions and Answers - 51

The e-Book World Price and Comparative Advantage Trivia Questions and Answers, world price and comparative advantage Quiz MCQs PDF, chapter -51 to study online Economics degree courses. Study International Trade MCQ Questions PDF, world price and comparative advantage Test for online courses. The World Price & Comparative Advantage Trivia App Download: Free learning app for trade creating custom unions, taxes and efficiency, other non-tariff barriers and new protectionism, partial equilibrium analysis, world price and comparative advantage test prep for online schools for business management.

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World Price & Comparative Advantage Questions and Answers PDF Download: Quiz 51

MCQ 251: The price of any good or service that is levied either inclusively or exclusively all over the world is known as

A) international trade
B) international price
C) comparative price
D) total price

MCQ 252: When the country's more capital is going out than coming in the country that means the terms of trade are less than

A) 100 percent
B) 200 percent
C) 300 percent
D) 150 percent

MCQ 253: Voluntary export tariff is being levied to discourage the concept of

A) government policies
B) tariffs and quotas
C) sanctions
D) transfer payments

MCQ 254: An attempt to minimize tax liability when given many different financial decisions is known as

A) dead weight loss
B) tax equity
C) tax efficiency
D) tax surplus

MCQ 255: An imposition on imports that shoots the prices to a level at least as high as the domestic price is known as

A) variable import levies
B) fixed import levies
C) variable exports levies
D) fixed exports levies

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World Price & Comparative Advantage App (Android & iOS)

World Price & Comparative Advantage App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Marketing Principles App (Android & iOS)

Marketing Principles App (Android & iOS)

Financial Markets App (Android & iOS)

Financial Markets App (Android & iOS)