A. special economic zones
B. liberalized trade monopoly zones
C. Economic Union zones
D. Communist free trade areas
Related Mcqs:
- In the Px = export price index, Pm = import price index, Qx = export quantity index,and Qm = import quantity index. Developing countries tend to maintain that their commodity term of trade have declined over the long run suggesting that _________ has declined?
A. Px/Pm
B. Pm/Px
C. (Pm/Px)Qm
D. (Px/Pm)Qx - Similar to import tariffs import quotas tend to result in ?
A. higher prices and reduced imports
B. increased government revenue
C. increased consumer surplus
D. decrease producer surplus - A profit-maximizing firm will hire labour until _____ equals the _______?
A. marginal revenue, marginal cost
B. long run marginal revenue, long run marginal cost
C. labor output ratio, capital output ratio
D. marginal cost of labor, marginal revenue product - Which of the following statement is NOT true about state owned enterprises (SOEs) ?
A. SOEs perform better with competition
B. Successful performing SOEs in Japan, Singapore and Sweden have greater managerial autonomy and accountability than other SOEs
C. SOEs in South Korea and Sweden generally achieve inferior economic results to those in Ghana
D. Financial autonomy is a major factor contributing to SOEs managerial effectiveness - Pathologies endemic to the Soviet bureaucracy included secrecy formalism cumbersome procedures rigidity and the tendency to concentrate on control rather than performance The party controlled The state by using the ____ the power to recommend and approve managers in administration and enterprises, of appointments and promotions to control access to government positions ?
A. Gosplan
B. Gosagroprom
C. nomenklatura system
D. Parastatals - State-owned enterprises (SOEs) are also called ?
A. centralized firms
B. government oligopolies
C. market economies
D. public enterprises - The bank established for loans to very small enterprises in Pakistan is called_______________?
A. Micro Finance Bank
B. Moderba Bank
C. SME- Bank
D. First MINI Bank - According to Oskar Lange’s model socialist enterprises should produce where ?
A. The monopoly profit maximization rule applies
B. Product price equals marginal cost
C. marginal revenue equals average cost
D. total revenue equals total cost - A sudden shift from import tariffs to free trade may induce short-term unemployment in ?
A. Import-competing industries
B. Industries that are only exporters
C. Industries that sell domestically as well as export
D. industries that neither import nor export - In free trade A will import ?
A. 700 units from country C
B. 700 units from country C and 600 units from country B
C. 600 units from country C
D. 600 units from country C and 400 units from country B
