All international changes in ownership of merchandise passing across the customs borders of trading countries?

Related Mcqs:

1. The private ownership of resources and use of a system of market and prices to coordinate and direct economic activity________________?

   A. Pure capitalism
   B. Iaissez faire capital
   C. Both
   D. None

2. An ownership share in a corporation___________________?

   A. Stock
   B. Corporation
   C. Both
   D. None

3. An economic system in which traditions and customs determine how the economy would use its scare resources ?

   A. Traditional economy
   B. Mixed economy
   C. capitalistic economy
   D. Command economy

4. The transfer of savings from developing countries to industrially advanced countries to avoid govt. expropriation, taxation and high rates of inflation is_________________?

   A. capital flight
   B. capital account
   C. capital deficit
   D. All of these

5. Stocks of commodities held by the countries or international organizations to moderate the commodities price fluctuations ?

   A. Black market
   B. Buffer stocks
   C. Capital stocks
   D. Speculation

6. International resources shared by all countries e.g ocean, air etc?

   A. Global environment facility
   B. Global commons
   C. Global reserves
   D. None

7. Changes in govt. spending and tax collection designed to achieve a full employment and non-inflationary domestic out put is called___________________?

   A. Fiscal policy
   B. Economic planning
   C. Economizing problem
   D. None

8. In developed countries children are….% of the total population ?

   A. 62 %
   B. 35 %
   C. 21 %
   D. 16 %

9. In developed countries manufactured goods are about ________________% of total export?

   A. 60 %
   B. 90 %
   C. 57 %
   D. 82 %

10. The emigration of highly skilled and educated professionals and technical man power from developing to developed countries?

    A. Capital flight
    B. Immigration
    C. Brain Drain
    D. All