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To prevent the external value of the currency from falling the government might ?

Economics Mcqs, The International Economy And Globalization /
To prevent the external value of the currency from falling the government might ?

A. Reduce interest rates
B. Sell its own currency
C. Buy its own currency with foreign reserves
D. Increase its own spending

To prevent the external value of the currency from falling the government might ? Read More »

Economics Mcqs, The International Economy And Globalization

When free trade areas are set up the member countries trade with each other grows faster than their trade with other countries This is due to what economist call ?

Economics Mcqs, The International Economy And Globalization /
When free trade areas are set up the member countries trade with each other grows faster than their trade with other countries This is due to what economist call ?

A. trade diversion
B. trade channeling
C. trade creation and trade diversion
D. trade creation

When free trade areas are set up the member countries trade with each other grows faster than their trade with other countries This is due to what economist call ? Read More »

Economics Mcqs, The International Economy And Globalization

Economic integration ?

Economics Mcqs, The International Economy And Globalization /
Economic integration ?

A. occurs when countries are granted most favored nation status
B. occurs when one country voluntarily agrees to reduce its exports to another country
C. occurs when two or more nations join to form a free-trade zone
D. Occurs when countries develop an acquired comparative advantage that makes their industries more competitive in international markets

Economic integration ? Read More »

Economics Mcqs, The International Economy And Globalization

Tariffs are used to protect infant industries these industries are those which ?

Economics Mcqs, The International Economy And Globalization /
Tariffs are used to protect infant industries these industries are those which ?

A. employ many young or untrained workers
B. are competing with well-established overseas firms
C. are not yet large enough to achieve economies of scale
D. use a new technology

Tariffs are used to protect infant industries these industries are those which ? Read More »

Economics Mcqs, The International Economy And Globalization

If the Uk placed a limit on the amount of steel that could be imported into the UK in a particular period this would be an example of ?

Economics Mcqs, The International Economy And Globalization /
If the Uk placed a limit on the amount of steel that could be imported into the UK in a particular period this would be an example of ?

A. a quota
B. dumg
C. a tariff
D. an export subsidy

If the Uk placed a limit on the amount of steel that could be imported into the UK in a particular period this would be an example of ? Read More »

Economics Mcqs, The International Economy And Globalization