The International Economy And Globalization Mcqs


Q.  LDCs are reluctant to pursue development through the export of primary products because of ____ and _____ ?

a. The upward trend in commodity prices the stability of primary products real prices
b. The upward trend in commodity prices, the volatility of primary products real prices
c. The downward trend in commodity prices the stability of primary products real prices
d. The downward trend in commodity prices the volatility of primary products real prices


ANSWER: See Answer
 
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MCQs:  Technological improvements are similar to international trade since they both ?
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MCQs:  The real income of domestic producers and consumers can be increased by ?
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MCQs:  For the United States automobiles are ?
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MCQs:  Recent pressures for protectionism in the United States have been motivated by all of the following except ?
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MCQs:  Major trading partners of the United States including all of the following countries except ?
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MCQs:  Increased foreign competition tend to ?
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MCQs:  Which American industry has least been affected by import competition in recent years ?
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MCQs:  International trade is based on the idea that ?
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MCQs:  International trade forces domestic firms to become more competitive in terms of ?
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MCQs:  International trade in goods and services is sometimes used as a substitute for all of the following except ?
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MCQs:  A primary reason why nations conduct international trade is because ?
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MCQs:  The theory of suggests that government can assist domestic companies in capturing economic profits from foreign competitors ?
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MCQs:  The effect of the most favored nation (normal trade relations) clause is to ?
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MCQs:  The result of antidumping tariffs is to ?
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MCQs:  Concerning dumping, which of the following is true ?
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MCQs:  ________ protection such as the escape clause, provide temporary protection to domestic industries facing competition from fairly traded foreign goods?
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MCQs:  Antidumping duties applied to imported goods ?
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MCQs:  The World Trade Organization is sometimes criticized for all of the following reasons except?
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MCQs:  Compared to what occurred under free trade, Mexico’s producer surplus ____ and consumer surplus ____ as a result of the subsidy Use the figure that you have plotted to calculate the amounts ?
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MCQs:  Under free trade suppose that Japan can supply radios t mexico at the price of $45 Therefore, Mexico’s imports equal ?
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