Economics MCQs

A. Decreased productivity in u.s manufacturing
B. High incomes of american households
C. Relatively low interest rates in the united states
D. High levels of investment by american corporations

A. Imported, but not exported
B. Exported, but not imported
C. Exported and imported
D. Neither imported not exported

A. Technological progress, but not international trade
B. International trade but not technological progress
C. Technological progress and international trade
D. Neither technological progress nor international trade

A. Automobiles
B. Steel
C. Radios and tvs
D. Computer software

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

A. Canada
B. Mexico
C. China
D. North korea

A. U.s firms shipping component production overseas
B. High profit levels for american corporations
C. Sluggish rates of productivity growth in the united states
D. High unemployment rates among america workers

A. International movements of capital
B. International movements of labor
C. International movements of technology
D. Domestic production of different goods and services

A. The introduction of new products
B. Product design and quality
C. Product price
D. All of the above

A. Exports should exceed imports
B. Imports should exceed exports
C. Resources are more mobile internationally than are goods
D. Resources are less mobile internationally than are goods