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.Management Sciences
A. Decrease the domestic price of a product
B. Increase government earnings from tax
C. Increase the quantity of imports
D. Decrease domestic production
Related Mcqs:
- International trade forces domestic firms to become more competitive in terms of ?
- A. The introduction of new products B. Product design and quality C. Product price D. All of the above...
- 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...
- International specialization takes place because of______________?
- A. differences in technology B. differences in factor endowments C. scale economies D. All of the above...
- A feasible effect of international trade is that a (an) ?
- A. Monopoly in the home market becomes an oligopoly in the world market B. Oligopoly in the home market becomes a monopoly in the world market C. Purely competitive firm in the home market becomes an oligopolist D. purely competitive firm in the home market becomes a monopolist...
- International difference is opportunity costs lead to countries acquiring ?
- A. Comparative advantage B. High exchange rates C. trade barriers D. trade quotas...
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