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Basic of Economics

Term the interchange of commodities across political frontiers without restriction such as tariffs, quotas, or foreign exchange controls ?

Basic of Economics, Economics Mcqs /
Term the interchange of commodities across political frontiers without restriction such as tariffs, quotas, or foreign exchange controls ?

A. Open trade
B. Free trade
C. Open sky trade
D. Easy trade

Term the interchange of commodities across political frontiers without restriction such as tariffs, quotas, or foreign exchange controls ? Read More »

Basic of Economics, Economics Mcqs

In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ?

Basic of Economics, Economics Mcqs /
In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ?

A. Military system
B. Land based system
C. Feudal system
D. Rural system

In Western Europe in 9th C, originated military and social system in which a nobleman would grant the use of land to servant in return for service which is often military, and duty, Name the system ? Read More »

Basic of Economics, Economics Mcqs

Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?

Basic of Economics, Economics Mcqs /
Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?

A. The market value of securities less any debt incurred and common stock and preferred stock
B. Funds provided to a business by the sale of stock
C. Both of them
D. None of them

Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ? Read More »

Basic of Economics, Economics Mcqs

How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ?

Basic of Economics, Economics Mcqs /
How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ?

A. Embargo
B. Contraband
C. Ban
D. Restriction

How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ? Read More »

Basic of Economics, Economics Mcqs