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.Management Sciences
A. The price of goods when they leave the producing country
B. a limit on the quantity of a good that can be imported into a country
C. a tax on imports
D. a government payment to encourage exports
Related Mcqs:
- Which American industry has least been affected by import competition in recent years ?
- A. Automobiles B. Steel C. Radios and TVs D. Computer software...
- Term of trade for a country are the ratio of _______________ to _____________?
- A. its opportunity costs; world opportunity costs B. export prices; import prices C. Value of exports; value of imports D. its currency; other currencies...
- The main cause of different relative costs between countries are ?
- A. relative factor competition B. relative factor mobility C. relative factor substitution D. relative factor endowments...
- 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...
- The marginal propensity of consume is equal to ?
- A. Total spending / total consumption B. Total consumption / total income C. Change in consumption / change in income D. Change in consumption / change in savings...
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