MCQs: Economic transition involves high inflation because _____ and ______?
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MCQs: An optimal tariff is one which reduces imports to the level at which ____ equals ____?
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MCQs: The imposition of a tariff causes consumption to _____ and imports to _________?
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MCQs: The main cause of different relative costs between countries are ?
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MCQs: International specialization takes place because of______________?
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MCQs: If there is a balance of payments deficit then in a floating exchange rate system ?
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MCQs: In a floating exchange rate system ?
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MCQs: Tariffs ?
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MCQs: Free trade is based on the principle of ?
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MCQs: Which of the following is not an argument for protectionism ?
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MCQs: When countries from large trading blocs like the EU, the size of the bloc has the effect of improving them ?
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MCQs: If a group of countries abolish trade barriers between them and set same tariffs on goods coming in from other countries they are a ?
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MCQs: Economists suggest that an optimum tariff would be one which reduce imports to a point where___________?
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MCQs: Government payments made to domestic firms in order to encourage exports are called ?
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MCQs: The term tariff, as used in international trade refers to ?
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MCQs: Term of trade for a country are the ratio of _______________ to _____________?
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MCQs: David Ricardo’s theory in favor of free trade uses the ideal of ?
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MCQs: The theory that states that a country has a comparative advantage in the production of a product if that country is relatively well endowed with inputs used intensively in the production of that product is the?
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MCQs: A reduced share of the world export market for the United States would be attributed to?
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MCQs: Technological improvements are similar to international trade since they both ?
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