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The Liberalism and Mercantilism Multiple Choice Questions (MCQ Quiz) with Answers PDF (Liberalism and Mercantilism MCQ PDF e-Book) download to learn Introduction to International Relations Tests. Study International Trade Multiple Choice Questions and Answers (MCQs), Liberalism and Mercantilism quiz answers PDF for online schools that offer certificate programs. The Liberalism and Mercantilism MCQ App Download: Free Introduction to International Relations App to learn world trade organization, enforcement of trade rules, industries and interest groups test prep to learn online degree courses.

The MCQ: The value of a states import relative to its exports is; "Liberalism and Mercantilism" App Download [Free] with answers: demand curve, equilibrium, balance of trade, and supply curve for online schools that offer certificate programs. Practice Liberalism and Mercantilism Quiz Questions, download Apple Book (Free Sample) for two year degree programs.

Liberalism and Mercantilism Questions and Answers PDF Download

MCQ: 1

The value of a states import relative to its exports is

  1. Demand Curve
  2. Equilibrium
  3. Balance of trade
  4. Supply curve
MCQ: 2

Two major approaches with IPE are

  1. Mercantilism
  2. Liberalism
  3. Socialism
  4. A and B
MCQ: 3

A state that exports more than it imports is

  1. Positive balance of trade
  2. Balance of trade
  3. Trade surplus
  4. Negative balance of trade
MCQ: 4

A state that imports more than its exports is

  1. Trade surplus
  2. Positive balance of trade
  3. Trade deficit
  4. Balance of trade
MCQ: 5

If the price is high people are less wiling to buy, if the prices are low more people are willing to buy it this process is called

  1. Demand Curve
  2. Supply Curve
  3. Equilibrium price
  4. Demand supply curve

Liberalism and Mercantilism Practice Tests: Introduction To International Relations App & eBook MCQs

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Liberalism and Mercantilism MCQ App (Android & iOS)

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