To maintain its economic position, Japan has often limited the number of cars or the quantity of farm products that the United States can sell in Japan Japan has imposed these limits to develop ?

Related Mcqs:

1. To maintain that South koreans are dumping their DVDs in the United States is to maintain that ?

   A. Koreans are selling DVDs in the U.S below their production cost
   B. Koreans are selling DVDs is the U.s above their productions cost
   C. The cost of manufacturing DVDs in Korea is lower in Korea than in the U.S since wages are lower in Korea
   D. The cost of manufacturing DVDs in Korea is higher in Korea than in the U.S since wages are higher in Korea

2. Suppose that tomatoes from Mexico face a 20 percent tariff in the United States and a 25 percent tariff in Canada. If the United States and Canada maintain free trade between each other, the these two countries belong to a ?

   A. free-trade area
   B. customs union
   C. common market
   D. monetary union

3. In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ?

   A. Orderly marketing
   B. trigger pricing
   C. domestic content pricing
   D. dumping

4. The emergence of Japan as a world economic power has been based mostly on Japan’s ?

   A. development of nuclear power
   B. abundance of fossil fuels
   C. strong traditional of military rule
   D. business enterprise and organization

5. Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?

   A. G-7 countries
   B. countries with highest productivity growth in the world since 1960
   C. countries with decreasing TFP growth since 1990s
   D. countries with the lowest information technology equipment and software index prices

6. 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

7. Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?

   A. market prices
   B. sticky prices
   C. fixed prices
   D. regulatory prices

8. Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?

   A. increase in the money demand
   B. decrease in the money demand
   C. increase in the money demand
   D. None of the above

9. Quotas are government-imposed limits on the _________ of goods trade between countries?

   A. prices
   B. quantity
   C. revenue
   D. costs

10. Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ?

    A. sell 4 million pounds of tin
    B. sell 8 million pounds of tin
    C. buy 4 million pounds of tin
    D. buy 8 million pounds of tin