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Economics Mcqs

Dani Rodrik points out that ?

Aid and Foreign Investment, Balance of Payments, Economics Mcqs /
Dani Rodrik points out that ?

A. an economy more open to foreign trade and investment faces a more inelastic demand for unskilled workers
B. employers and consumers can more readily replace domestic workers with foreign workers by investing abroad or buying imports
C. globalization increases job insecurity
D. financial liberalization in LDCs leads to collapse of the economy

Dani Rodrik points out that ? Read More »

Aid and Foreign Investment, Balance of Payments, Economics Mcqs

Which of the following groups would not benefit from an EU imports quota on Japanese cars ?

Budget Deficits And The Trade Balance, Economics Mcqs /
Which of the following groups would not benefit from an EU imports quota on Japanese cars ?

A. Eu consumers who buy electronics from Japan
B. EU farmers who export grain
C. employees of EU car manufacturers
D. holders of German carmaker BMW

Which of the following groups would not benefit from an EU imports quota on Japanese cars ? Read More »

Budget Deficits And The Trade Balance, Economics Mcqs

Which of the following statements about trade policy is true ?

Budget Deficits And The Trade Balance, Economics Mcqs /
Which of the following statements about trade policy is true ?

A. A country’s trade policy has no impact on the size of its trade balance
B. None of these answers
C. A restrictive import quota decreases a country’s net exports
D. A restrictive imports quota increases a country’s net exports

Which of the following statements about trade policy is true ? Read More »

Budget Deficits And The Trade Balance, Economics Mcqs

Suppose, due to political instability, Russians suddenly choose to invest in UK assets as opposed to Russian assets Which of the following statements is true regarding UK net foreign investment ?

Budget Deficits And The Trade Balance, Economics Mcqs /
Suppose, due to political instability, Russians suddenly choose to invest in UK assets as opposed to Russian assets Which of the following statements is true regarding UK net foreign investment ?

A. UK net foreign investment is unchanged because only UK residents can after UK net foreign investment
B. UK net foreign investment rises
C. UK net foreign investment falls
D. None of the above

Suppose, due to political instability, Russians suddenly choose to invest in UK assets as opposed to Russian assets Which of the following statements is true regarding UK net foreign investment ? Read More »

Budget Deficits And The Trade Balance, Economics Mcqs

If the EU imposes a quota on the importing of clothing produced in China, so reducing UK imports of clothing Which of the following is true regarding the market for foreign currency exchange ?

Budget Deficits And The Trade Balance, Economics Mcqs /
If the EU imposes a quota on the importing of clothing produced in China, so reducing UK imports of clothing Which of the following is true regarding the market for foreign currency exchange ?

A. The demand for pounds decreases and the pound depreciates
B. The Supply of pounds increases, and the pound depreciates
C. The Supply of pounds decreases, and the pound appreciates
D. The demand for Pounds increases and the pound appreciates

If the EU imposes a quota on the importing of clothing produced in China, so reducing UK imports of clothing Which of the following is true regarding the market for foreign currency exchange ? Read More »

Budget Deficits And The Trade Balance, Economics Mcqs

An increasing in Europe’s taste for UK produced Hondas would cause the pound to ?

Budget Deficits And The Trade Balance, Economics Mcqs /
An increasing in Europe’s taste for UK produced Hondas would cause the pound to ?

A. depreciate and would increase UK net exports
B. appreciate and would increase UK net exports
C. depreciate and would decrease UK net exports
D. appreciate, but the total value of UK net export stays the same

An increasing in Europe’s taste for UK produced Hondas would cause the pound to ? Read More »

Budget Deficits And The Trade Balance, Economics Mcqs

Which of the following groups would be most harmed by a UK government budget deficit ?

Budget Deficits And The Trade Balance, Economics Mcqs /
Which of the following groups would be most harmed by a UK government budget deficit ?

A. Foreigners who wish to buy assets in the UK
B. BAe Systems wishing to sell aircraft to Saudi Arabia
C. UK residents wishing to buy foreign Produced cars
D. Lenders of loanable funds

Which of the following groups would be most harmed by a UK government budget deficit ? Read More »

Budget Deficits And The Trade Balance, Economics Mcqs