When an international seller sells a plant equipment or technology to another country and agrees to take payment in the resulting products, it is called?

Related Mcqs:

1. Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?

   A. Redemption
   B. Guarantee
   C. Repo
   D. Repurchase arrangements

2. An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earnings and lower imports is a ?

   A. debt rescheduling agreement
   B. debt service agreement
   C. program for growth
   D. stabilization program

3. A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?

   A. Demand draft
   B. Draft
   C. Invoice
   D. Bill of Intent

4. A payment is made in return for some transference of privilege. What this payment is called ?

   A. Royalty
   B. Rent
   C. Share
   D. Intellectual royalty

5. Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?

   A. Bonus
   B. Overtime
   C. Prize
   D. Gift

6. Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?

   XA. wages and rents should fall in Country A
   B. wages and rents should rise in Country A
   C. wages should rise and rents should fall in Country A
   D. wages should fall and rents should raise in Country A

7. When one country provides most favored nation status (normal trade relations) for another, it agrees to ?

   A. charge the nation’s products a lower tariff than any other nation’s
   B. charge that nation’s products a tariff rate no higher than that on any other nation
   C. charge that nation’s products a higher tariff than any other nation’s
   D. exports to that nation any products that it wants to purchase

8. If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is ?

   A. a normal good
   B. none of these answers
   C. an inferior good
   D. a substitute good

9. What is called an arrangement of workers machines, and equipment in which the product being assembled passes consecutively from operation to operation or the process in which finished products are turned out in a mechanically efficient, though impersonal, manner ?

   A. Assembly line
   B. Production line
   C. Both of them
   D. None of them

10. Suppose that ABC publishing sells an economics textbook and accompanying study guide. Raheel is willing to pay Rs75 for the text and Rs15 for the study guide. Mariam is willing to spend Rs60 for the text and Rs25 for the study guide. Suppose both the book and study guide have a zero-marginal cost of study production. If ABC publishing charges separate price for both products its best strategy is to charge price that when combined, total ?

    A. Rs 85
    B. Rs 75
    C. Rs 80
    D. Rs 60