Economics MCQs

A. Free-trade area
B. Customs union
C. Common market
D. Monetary union

A. Capital
B. Land
C. Skilled labor
D. Unskilled labor

A. Increase american farm exports to the eu
B. Decrease american farm exports to the eu
C. Lowered the price of american farm exports to the eu
D. Not affected the price of american farm exports to the eu

A. Free trade area
B. Customs union
C. Common market
D. Economic union

A. Variable levies
B. Export subsidies
C. Trigger prices
D. Countertrade

A. 700 units from country c
B. 700 units from country c and 600 units from country b
C. 600 units from country c
D. 600 units from country c and 400 units from country b

A. During periods of extreme pessimism because so many stocks become undervalued
B. Only when people are irrational
C. When stocks are fairly valued
D. Because rational people may buy an overvalued share if they think they can sell it to someone for even more at a later date

A. Highly competitive
B. Highly noncompetitive
C. Small in economic importance
D. Geographically distant

A. Spain
B. Germany
C. France
D. Iceland

A. Information analysis
B. Risk management
C. Fundamental analysis
D. Diversification