Increased foreign competition tend to ?

Related Mcqs:

1. According to the _____ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers ?

   A. scientific tariff argument
   B. infant industry argument
   C. beggar they neighbor argument
   D. foreign dumping argument

2. Assume identical interest rates on comparable securities in the United States and foreign countries. Suppose investors anticipate that in the future the U.S dollar will depreciate against foreign currencies. investment funds would tend to ?

   A. flow from the United States to foreign countries
   B. flow from foreign countries to the United States
   C. remain totally in foreign countries
   D. remain totally in the United States

3. The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

   A. Trade deficit
   B. Blind river disease
   C. Dutch disease
   D. Economic turmoil

4. Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?

   A. lower prices
   B. increase promotion both at home and abroad
   C. continuously improve their products at home
   D. join into cartels at home

5. What is called that bank which regularly accepts foreign currency-denominated deposits and makes foreign currency-denominated deposits and makes foreign currency loans ?

   A. Eurobank
   B. Foreign bank
   C. International Bank
   D. Multinational Bank

6. If a government uses barriers to foreign products such as biases against a foreign company’s bids or product standards that go against a foreign company’s product features the government is using ?

   A. Protectionism
   B. exchange controls
   C. exchange facilitators
   D. nontariff trade barriers

7. Monopolistic competition differs from perfect competition primarily because ?

   A. in monopolistic competition entry into the industry is blocked
   B. in monopolistic competition there are relatively few barriers to entry.
   C. in monopolistic competition, firms can differentiate their products
   D. in perfect competition firms can differentiate their products

8. The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures ?

   A. the efficient output level will be produced in the long run
   B. firms will only earn a normal profit
   C. firms realize all economies of scale
   D. firms will be producing at minimum average cost

9. The use of word “competition” in the name of the market structure called “monopolistic competition” refers to the fact that ?

   A. there are many sellers in a monopolistically competitive market and there is free entry and exit in the market just like a competitive market
   B. Monopolistically competitive firms face a downward-sloping demand curve just like competitive firms.
   C. Monopolistically competitive firms charge prices equal to the minimum of their average total cost just like competitive firms.
   D. The products are differentiated in a monopolistically competitive market just like in a competitive market.

10. Antimonopoly legislation is undertaken to ____ competition and market regulation is undertaken to ____ competition ?

    A. restrict; promote
    B. restrict; restrict
    C. promote; promote
    D. promote; restrict