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.Management Sciences
A. Intensify inflationary pressure at home
B. Induce falling output per worker-hour for domestic workers
C. Place constraints on the wages of domestic workers
D. Increase profits of domestic import competing industries
Related Mcqs:
- International trade in goods and services is sometimes used as a substitute for all of the following except ?
- A. International movements of capital B. International movements of labor C. International movements of technology D. Domestic production of different goods and services...
- David Ricardo’s theory in favor of free trade uses the ideal of ?
- A. absolute advantage B. mutual advantage C. multilateral advantage D. comparative advantage...
- If there is a balance of payments deficit then in a floating exchange rate system ?
- A. The external value of the currency would tend to fall B. The external value of the currency would tend to rise C. The injections from trade are greater then the withdrawals D. Aggregate demand is increasing...
- A significant portion of actual world trade patterns results from ?
- A. The industrial policies of governments B. different sizes of the countries C. different factor endowment between countries D. the different tastes and preferences of people in different countries...
- To prevent the external value of the currency from falling the government might ?
- A. Reduce interest rates B. Sell its own currency C. Buy its own currency with foreign reserves D. Increase its own spending...
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