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.Management Sciences
Category: Basic of Economics
Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ?
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A. Pagged exchanged rate
B. Fixed exchange rate
C. Relative exchange rate
D. Knotted exchange rate
Cost of production plus a fixed rate of profit is called ?
A. cost plus
B. Cost effective
C. End price
D. Consumer price
What is called a group of countries that have removed all tariffs, quotas, and export subsidies on trade among themselves ?
A. Close-trade zone
B. Free trade zone
C. Both of them
D. None of them
Which term is used for the period of competition in which each competitor tries to cut retail prices below the others ?
A. Price competition
B. Price support
C. Price war
D. Price battle
How is termed the government’s order to prevent the arrival or departure of merchant ships or to restrict import or export of specified or all goods with a foreign nation ?
A. Embargo
B. Contraband
C. Ban
D. Restriction
Which is the oldest stock exchange of the world ?
A. New York stock exchange
B. Tokyo stock exchange
C. London stock exchange
D. None of them
Which market is called Bear market ?
A. Market with upward and stock prices.
B. Market with a prolonged period of falling stock prices
C. A very big market
D. A very big industrial market
Which of the following is called a wholly or partially owned company what is the part of the large corporation?
A. Baby company
B. Child company
C. Small holding
D. Subsidiary
Which of the following is a price that is equal to the face value of a security ?
A. Balanced
B. At Equilibrium
C. At Par
D. None of them
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