Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Author name: admin

The real income of domestic producers and consumers can be increased by ?

The real income of domestic producers and consumers can be increased by ?

A. Technological progress, but not international trade
B. International trade but not technological progress
C. Technological Progress and international trade
D. Neither technological progress nor international trade

The real income of domestic producers and consumers can be increased by ? Read More »

Economics Mcqs, The International Economy And Globalization

Recent pressures for protectionism in the United States have been motivated by all of the following except ?

Recent pressures for protectionism in the United States have been motivated by all of the following except ?

A. U.S firms shipg component production overseas
B. High profit levels for American corporations
C. Sluggish rates of productivity growth in the United States
D. High unemployment rates among America workers

Recent pressures for protectionism in the United States have been motivated by all of the following except ? Read More »

Economics Mcqs, The International Economy And Globalization

International trade in goods and services is sometimes used as a substitute for all of the following except ?

International trade in goods and services is sometimes used as a substitute for all of the following except ?

A. International movements of capital
B. International movements of labor
C. International movements of technology
D. Domestic production of different goods and services

International trade in goods and services is sometimes used as a substitute for all of the following except ? Read More »

Economics Mcqs, The International Economy And Globalization

A primary reason why nations conduct international trade is because ?

A primary reason why nations conduct international trade is because ?

A. Some nations prefer to produce one thing while others produce another
B. Resources are not equally distributed to all trading nations
C. Trade enhances opportunities to accumulate profits
D. interest rates are not identical in all trading nations

A primary reason why nations conduct international trade is because ? Read More »

Economics Mcqs, The International Economy And Globalization