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When several countries jointly impose common external tariffs, eliminate tariffs on each other, and eliminate barriers to the movement of labor and capital among themselves, they have formed a/na ?

Economics Mcqs, Regional Trading Arrangements /
When several countries jointly impose common external tariffs, eliminate tariffs on each other, and eliminate barriers to the movement of labor and capital among themselves, they have formed a/na ?

A. free trade area
B. customs union
C. common market
D. economic union

When several countries jointly impose common external tariffs, eliminate tariffs on each other, and eliminate barriers to the movement of labor and capital among themselves, they have formed a/na ? Read More »

Economics Mcqs, Regional Trading Arrangements

Which factor of production in the United States is most likely to be made worse off (its factor payment will decrease) because of the North American Free Trade Agreement ?

Economics Mcqs, Regional Trading Arrangements /
Which factor of production in the United States is most likely to be made worse off (its factor payment will decrease) because of the North American Free Trade Agreement ?

A. Capital
B. land
C. skilled labor
D. unskilled labor

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Economics Mcqs, Regional Trading Arrangements

Speculative bubbles may occur in the shares market ?

Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis /
Speculative bubbles may occur in the s market ?

A. during periods of extreme pessimism because so many stocks become undervalued
B. only when people are irrational
C. when stocks are fairly valued
D. because rational people may buy an overvalued if they think they can sell it to someone for even more at a later date

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Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis

Which of the following reduces risk in a portfolio the greatest ?

Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis /
Which of the following reduces risk in a portfolio the greatest ?

A. Increasing the number of s from 10 to 20
B. All of these answers provide the same amount of risk reduction
C. Increasing the number of s in the portfolio from 1 to 10
D. Increasing the number of s from 20 to 30

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Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis

The study of a company’s accounting statements and future prospects to determine its value is known as ?

Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis /
The study of a company’s accounting statements and future prospects to determine its value is known as ?

A. information analysis
B. risk management
C. fundamental analysis
D. diversification

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Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis

Which of the following is an example of moral hazard ?

Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis /
Which of the following is an example of moral hazard ?

A. After Gull buys fire insurance, he begins to smoke cigarettes in bed.
B. None of these answers demonstrate moral hazard
C. Mahmood has been feeling poorly lately so he seeks health insurance
D. All of these answers demonstrate moral hazard

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Economics Mcqs, Risks And Diversification & Efficient Market Hypothesis