Basic of Economics

A. tax that government levy on imports
B. tax that government levy on exports
C. Both of them
D. None of them

A. Dictatorship
B. Socialism
C. Capitalism
D. Authoritarianism

A. Sending of money to someone at distance
B. The sum of money sent
C. Both of them
D. None of them

A. Domestication
B. Protectionism
C. Localization
D. National interest

A. Private sector
B. Government
C. Bank
D. None of the above

A. Market Economy
B. Free Market
C. Both of them
D. None of them

A. Payment made for the use of another person’s money
B. Payment made for the use of bank’s money
C. Share in profit
D. Devaluation in the Currency

A. Close-Trade zone
B. Free-trade zone
C. Both of them
D. None of them

A. Gross Domestic Product (GOP)
B. Gross National output (GNO)
C. Gross National product (GNP)
D. Gross National Output

A. Open trade
B. Free trade
C. Open sky trade
D. Easy trade