Economics Practice Test 6
Globalization Challenge MCQs (Multiple Choice Questions) PDF Download - 6
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The MCQs: The feature that has a positive impact on economic growth of the wealthy countries is called as; "Globalization Challenge" App (Android, iOS) with answers: Interest rates; Foreign direct investments; Balance of payment; Taxes; for online economics degree programs. Practice globalization of world economy questions and answers to improve problem solving skills for online bachelor's degree in business administration.
Globalization Challenge MCQ with Answers PDF Download: Quiz 6
The feature that has a positive impact on economic growth of the wealthy countries is called as
- foreign direct investments
- interest rates
- balance of payment
- taxes
The rate at which foreign currency is converted with another currency is known as
- shoe-leather cost
- foreign exchange rate
- seigniorage benefit
- dollarization of the economy
The tax burden is always heavy whether the demand is inelastic or supply is elastic upon a
- seller
- buyer
- market
- other participants
The type of a market structure in which firms have many competitors, but each one sells a slightly different product is called as
- monopoly
- oligopoly
- free market
- monopolistic competition
Sum of producer surplus and consumer surplus gives you the measures that any buyer and seller will get is known as
- total cost
- total revenue
- total benefit
- total margin
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Principles of Marketing Quiz with Answers
- Way of designing international channels to manage entire supply chain which leads to global value delivery network is classified as
- Jeep can associated with brand personality trait known as
- Marketers can build up demand of a particular product by
- Highly automated storage house to receive products from various suppliers, fill area efficiently and send orders to customers efficiently is classified as
- Specific brands of luxury cars are classified as
Globalization Challenge Quiz Book Questions
- Condition when burden of paying tax is shared among collective participants in a market is known as
- Rate associated with duties imposed on goods that do not reflect price changes of goods due to inflation, taxes is known as
- A type of market where equilibrium of price of goods and quantity demanded is equally efficient is known as
- Concept that those who benefit more from government expenditure should pay more taxes to support such expenditure is called as
- Demand curve shifts downwards when a tax is imposed over a