Two countries can gain from foreign trade if ?

Related Mcqs:

What is called a place of work where all workers within a section must belong to a single official recognized trade union ?

A. Monopolized shop B. Monopolized area C. Closed shop D. Monopolized market...

What is defined as the active management of resources to provide the greatest present benefit without comprising the potential benefits to future generations ?

A. Prudent development B. Sustainable development C. Managed economy D. None of these...

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

A. A bond with a longer time to maturity B. A certificate of deposit whose principal is payable at maturity C. A certificate of deposit with a shorter time to maturity D. certificate of deposit with a longer time to maturity...

What is more likely to be found in a free market economy than in a planned economy ?

A. an even distribution of income B. an incentive to innovate C. a wide range of public goods D. full employment of labor...

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?

A. Certificates B. Sureties C. Security bonds D. Bond...