PPSC Economics Topic 5 International Economics

Top Scorers Of PPSC Economics Topic 5 International Economics MCQ`s Test

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queen princes 28 - May - 2022 07 Min 59 Sec 17/20
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Taimoor Ahmad 08 - Sep - 2022 14 Min 17 Sec 17/20
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Abdullah innocent 17 - Jun - 2023 04 Min 49 Sec 15/20
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Annie 04 - Jul - 2021 06 Min 09 Sec 15/20
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Hassan Mehmood 03 - Apr - 2022 08 Min 34 Sec 14/20
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Amjad Ali 07 - Jun - 2023 10 Min 02 Sec 14/20
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Abdul subhan 03 - Jul - 2021 05 Min 51 Sec 13/20
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huma 03 - Jul - 2021 09 Min 17 Sec 13/20
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Shad Ali Shah 27 - Jul - 2024 10 Min 13 Sec 13/20
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romana 11 - Dec - 2020 08 Min 58 Sec 12/20
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Shama Suleman 21 - May - 2022 09 Min 05 Sec 12/20
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raeesa bibi 12 - May - 2022 09 Min 57 Sec 12/20
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Maheen Khan 03 - Aug - 2023 14 Min 08 Sec 12/20
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Jaweriya Khan 27 - Jul - 2023 04 Min 23 Sec 11/20
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Farhan Islam 24 - May - 2022 06 Min 36 Sec 11/20

PPSC Economics Chapter 5 Important MCQ's

Sr.#	Question	Answer
1	According to the factor endowment model of Hackshcer and Ohlin countries heavily endowed with land will.	A. Devote excessive amounts of resources to agricultural production. B. Devote insufficient amounts of resources to agricultural production C. Export products that are and intensive. D. Import products that are land intensive
2	The NAFTA is a	A. Monetary union B. Free trade area C. Common market D. Customs union
3	In today world most countries impose tariffs	A. Only on imports B. Only on exports C. On both imports and exports D. On imports exports and nontrade goods
4	Investors engage in ____ when they move funds into foreign currencies in order to take advantage of interest rates abroad the are higher than domestic interest rates.	A. Currency arbitrage B. Interest arbitrage C. Short positions D. Long positions
5	A _________ is a regional trading block in which member countries eliminate intercanal trade barriers but maintain existing barriers against countries that are not members.	A. Free trade area B. Customs union C. Common market D. Monetary union
6	All of the following are credit items in the balance of payments except.	A. Investment inflows B. Merchandise exports C. Payment for American service's to foreigners D. Private give to foreign residents
7	According to the factor price equalization theorem, the ______ factor should oppose free trade policies in any given country.	A. Abundant B. scarce C. Neither D. Can't tell without more information
8	A country transactions with the rest of the world are recorded in the	A. Balance of international indebtedness B. Balance of financial transactions C. Balance of payments D. Income statement
9	The world trade organization is sometimes criticized for all of the following reasons except.	A. If reduces the sovereignty of member countries. B. Favors free trade over the quality of the environment C. It has no way to solve trade disputes among member countries. D. It is a "puppet" of multinational corporations
10	A feasible effect of international trade is that a	A. Monopoly in the home market become 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 oligopolistic D. Purely competitive firm in the home market becomes a monopolist

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PPSC Economics Topic 5 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 5 International Economics

PPSC Economics Topic 5 International Economics

Exchange rate overshooting often occur because.

The world trade organization is sometimes criticized for all of the following reasons except.

Import substitution is an example of

According to the factor price equalization theorem, the ______ factor should oppose free trade policies in any given country.

The _____ analyzes the income distribution effects of trade in the short run when resources are immobile among industries.

The trade model of the Swedish economists Hackscher and Ohlin maintains that.

If export's are a constant proportion of GNP such that E = 18 GNP, find the level of imports that would represent a zero trade balance when GNP = 10,000

Debit (-) items in the balance of payments correspond to anything that.

To help developing nations strengthen their international competitive rises many industrial nations have granted non nations udder the .

The term of trade is given by theprices.

Import quotas tend to result in all of the following except.

Specific tariffs are collected as

All of the following are credit items in the balance of payments except.

That the division of labor a limited by the size of the market best applies to which explanation of trade

In developed countries tariffs on raw materials tend to be.

If the home country government grants a subsidy on a domestically produced good domestic producers lend to.

Those who argue in favor of import protection generally give the impression that such restricted trade will.

According to the factor endowment model of Hackshcer and Ohlin countries heavily endowed with land will.

When the price of foreign currency the exchange is above the equilibrium level.

Multinational corporations

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PPSC Economics Chapter 5 Important MCQ's

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