There are just a few large sellers of a product in a(n):

Related Mcqs:

1. What large international organization had its humble beginnings with the European Coal and Steel Community (ECSO)?

   A. European Atomic Energy Community (Euratom)
   B. European Organization for Nuclear Research (CERN)
   C. Western European Union (WEU)
   D. European Union (EU)

2. Which president of the Philippines had a wife named Imelda, the first lady who had a large collection of shoes?

   A. Diosdado Macapagal
   B. Ferdinand Marcos
   C. Ramon Magsaysay
   D. Elpidio Quirino

3. After partition a large scale Muslim massacre was planned to turn the Muslim majority into minority by the Dogra ruler. In this massacre how many innocent Muslims were killed?

   A. 2,25,000
   B. 1,85,000
   C. 2,10,000
   D. 2,37,000

4. India also has large numbers of fighter-bomber aircrafts. It is expected to rely heavily on Russion-built aircraft such as:

   A. the MIG-29 for air defense in raid
   B. the MIG-27 for long range bombing
   C. multi-role sukhi Su-30 MKI
   D. all of these

5. India also has large numbers of fighter-bomber aircraft. It is expected to rely heavily on Russian-built aircraft such as:

   A. the MIG-29 for air defense in raid
   B. the MIG-27 for long range bombing
   C. multi-role Sukhi Su-30 MKI
   D. all of these

6. What are transborder transactions?

   A. Transactions that occur through the web
   B. Transactions that occur across open borders
   C. Transaction that occur globally across widely dispersed locations
   D. All of the above

7. Devaluation of a stat’s currency:

   A. increases the total portfolio value of foreigners who hold that currency
   B. causes a drop in demand for that currency
   C. increases confidence in a state’s ability to meet its debts
   D. is rarely a quick fix for financial problems in the short term

8. What economic principle refers to the way that states differ in their abilities to produce certain goods because of differences in natural resources, labor force characteristics, technology, and other such factors?

   A. consumer economics
   B. Freedman economics
   C. Keynesian economics
   D. comparative advantage

9. The state in which an MNC has its headquarters is called the:

   A. source state
   B. host state
   C. incorporated country
   D. home country

10. In a centrally planned economy,

    A. business leaders set production quotas and report them to government, which holds them accountable
    B. government officials set prices
    C. supply and demand are key indicators of prices and production levels
    D. all of these are the case: government officials set prices; business leaders set production quotes and report them to government; and supply and demand are key indicators of prices and production levels