A. European union, single market
B. Western European, single currency area
C. European Union, single currency area
D. Western European, single market
Related Mcqs:
- Takatoshi Ito (1992) contends that parliamentary governments manipulate the timing of _____ while presidential governments manipulate the timing of _____?
A. monetary policy, fiscal policy
B. elections; economics policies
C. economic policies; political policies
D. tax collection, tax implementation - Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant ?
A. income per capita is the same regardless of poor or rich countries
B. income per capita in poor countries grows faster than in rich countries
C. income per capita in rich countries grows faster than in poor countries
D. income per capita in poor countries grows conditional upon foreign aid - As of 2002, the ________ became the official currency union of the European Monetary System ?
A. dollar
B. mark
C. franc
D. euro - A monetary union means ________, ________ and ________?
A. permanently fixed capital movements floating exchange rates a fixed structure of interest rates
B. permanently fixed exchange rates, free capital movements, a single interest rates
C. a common currency a single central bank, common monetary policy
D. a common currency floating exchange rates common monetary policy - What is called the result of a state’s borrowing from its population, from foreign governments or from international institutions ?
A. National debt
B. Public debt
C. Both of them
D. None of them - During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?
A. neoclassicism
B. Marxism
C. Rostow’s model
D. classical appraoch - Throughout the world, governments tend to auction quota licenses to their highest bidder ?
A. always
B. often
C. seldom
D. never - Export subsidies levied by foreign governments on products in which the Pakistan the comparative disadvantage ?
A. lower the welfare of all Pakistanis
B. lead to increases in Pakistani consumer surplus
C. encourage Pakistan’s production of competing goods
D. encourage Pakistani workers to demand higher wages - Governments can stimulate productivity by ?
A. Imposing higher taxes on capital
B. encouraging more labour intensive work to reduce unemployment
C. reducing spending in education
D. encouraging private investment - Governments may contribute to inflationary pressure because of building up large ?
A. numbers of employees
B. welfare plans
C. budget deficits
D. expenditures
