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Economics Competitive Exam: Mock Test 51

World Price and Comparative Advantage Notes Questions with Answers PDF Download - 51

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The World Price and Comparative Advantage Notes Questions with Answers PDF (World Price and Comparative Advantage Quiz Answers PDF e-Book) download Ch. 21-51 to study Economics online course. Study International Trade MCQ Questions PDF, world price and comparative advantage Test to learn certification courses online. The World Price & Comparative Advantage Notes App Download: Free Economics App to study 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.

The Quiz: The price of any good or service that is levied either inclusively or exclusively all over the world is known as "World Price & Comparative Advantage" App (iOS, Android) with answers: international price, international trade, total price, and comparative price for online schools for business management. Practice international trade questions and answers to improve problem solving skills for online schools for business administration.

World Price & Comparative Advantage Quiz with Answers PDF Download: MCQs 51

MCQ: 251

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

  1. international trade
  2. international price
  3. comparative price
  4. 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

  1. 100 percent
  2. 200 percent
  3. 300 percent
  4. 150 percent
MCQ: 253

Voluntary export tariff is being levied to discourage the concept of

  1. government policies
  2. tariffs and quotas
  3. sanctions
  4. transfer payments
MCQ: 254

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

  1. dead weight loss
  2. tax equity
  3. tax efficiency
  4. 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

  1. variable import levies
  2. fixed import levies
  3. variable exports levies
  4. fixed exports levies

World Price & Comparative Advantage Competitive Exam: Economics App & eBook Notes

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