Question # 1

What was the meaning of the term the Cisalpine Republic?

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Republic formed by Napoleon Bonaparte

A Frankish republic

Part of he Roman Republic

A republic set up by Giuseppe Garibaldi

Uruguay Round of multilateral trade negotiations:

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Started in 1986 and completed at the end of 1993

Replaced the GATT with WTO

Brought services and agriculture into WTO

all of the above

Which of the following concepts is not an explanation to why the aggregate demand curve is downward sloping?

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Wealth Effect

Exchange Rate Effect

Interest Rate Effect

Production

An increase in price all other things unchanged leads to:

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Shift demand out outwards

Shift demand inwards

A Contraction of demand

An extension of demand

One in which people's economic affairs can take place freely but are subject to some government intervention and regulation:

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Traditional economy

Command economy

No such thing

Mixed economy

AWACS stands for;

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Airborne warning and control system

Air warning and control system

Airborne earning and communication system

None or them -

What is the main characteristic of a capialist of free market economy:

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Individuals are the owners factors of Production

Profit is the min motives of carrying out various activities

Consumer freedom

All of above

What is concurrent writ?

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Cancellation of original writ

Two identical writs

Duplicate to original writ

Additional to original writ

Which theory is generally included under micro economics?

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Price Theory

Income theory

Employment Theory

None of these above

Which property the paper money does not possess

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Acceptability

Divisibility

Durability

Portability

Finding a partner to works with abroad is called a:

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Takeover

Merger

Acquisition

Joint venture

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