Economics MCQs – Certification Test 109

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MCQ 109: The concept that relates with the prices of exports of a country relative to the prices of its imports is calls as:

balance of trade
balance of payments
terms of trade
term of balance

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Economics Trivia App & e-Book – Partial Equilibrium Analysis Certification Guide

Income Determination in Closed Economy Test 120

Trade Creating Custom Unions Test 121

Demand for Labor Test 122

Economies of Scale and International Trade Test 123

Externality and Market Efficiency Test 124

Deadweight Loss of Taxation Test 125

Measurement of Inequality Test 126

What is Competitive Market? Test 127

Elasticity and Tax Incidence Test 128

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