Candidates who have done their higher education in the Economics subject and are looking to start their career through PPSC, here we come with the best preparation solution for them. We come with the online PPSC economics tests. These tests are designed by professionals who are familiar with the idea that how examiners arrange the paper for PPSC. Candidates can get a full book test as well as the Topic-wise tests. However, here on this page, the PPSC economics online test of Topic 5th is available.
MCQ's Test For PPSC Economics Topic 5 International Economics
Try The MCQ's Test For PPSC Economics Topic 5 International Economics
When all of the debit or credit items in the balance of payments are combined
Question # 2
The NAFTA is a
Question # 3
The balance of trade can only worsen if income_______ relative to absorption
Question # 4
Should international transpiration costs decrease the effect on international trade would include a.
Question # 5
A specification of a maximum amount of a foreign produced good that will be allowed to enter the country over a given time period is referred to as a
Question # 6
the_____________ analysis considers the ability of domestic and foreign prices to adjust to devaluation in the short run.
Question # 7
Which of the following organizations primarily provides long term loans to developing countries to help them develop their infrastructure such as schools hospitals and roads.
Question # 8
The _____ analyzes the income distribution effects of trade in the short run when resources are immobile among industries.
Question # 9
The reduction or covering of foreign exchange risk is called.
Question # 10
A tax of 17 percent per imported item would be an example of a
Question # 11
All of the following are debit items in the balance of payment eexcept.
Question # 12
A tariff can ___________ raise a country's welfare
Question # 13
International trade forces domestic firms to become more completive in terms of.
Question # 14
A main advantage of specialization results from
Question # 15
A product will be traded only if the pre trade price difference between the two countries
Question # 16
Advocates of industrial policy maintain that government should.
Question # 17
A widely used indicator to differentiate developed countries from developing countries is.
Question # 18
The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as.
Top Scorers Of PPSC Economics Topic 5 International Economics MCQ`s Test
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queen princes28 - May - 2022
07 Min 59 Sec
17/20
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Taimoor Ahmad08 - Sep - 2022
14 Min 17 Sec
17/20
A
Abdullah innocent17 - Jun - 2023
04 Min 49 Sec
15/20
A
Annie 04 - Jul - 2021
06 Min 09 Sec
15/20
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Hassan Mehmood03 - Apr - 2022
08 Min 34 Sec
14/20
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Amjad Ali07 - Jun - 2023
10 Min 02 Sec
14/20
A
Abdul subhan03 - Jul - 2021
05 Min 51 Sec
13/20
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huma 03 - Jul - 2021
09 Min 17 Sec
13/20
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Shad Ali Shah27 - Jul - 2024
10 Min 13 Sec
13/20
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romana 11 - Dec - 2020
08 Min 58 Sec
12/20
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Shama Suleman21 - May - 2022
09 Min 05 Sec
12/20
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raeesa bibi12 - May - 2022
09 Min 57 Sec
12/20
M
Maheen Khan03 - Aug - 2023
14 Min 08 Sec
12/20
J
Jaweriya Khan27 - Jul - 2023
04 Min 23 Sec
11/20
F
Farhan Islam24 - May - 2022
06 Min 36 Sec
11/20
PPSC
Economics
Chapter 5
Important MCQ's
Sr.#
Question
Answer
1
International trade in goods and services tends to
A. Increase all domestic costs and prices
B. Keep all domestic costs and prices at the same level
C. Lessen the amount of competition facing home manufactures.
D. Increase the amount of competition facing home manufacturers
2
Investors engage in ____ when they move funds into foreign currencies in order to take advantage of interest rates abroad the are higher than domestic interest rates.
A. Currency arbitrage
B. Interest arbitrage
C. Short positions
D. Long positions
3
according to factor price equalization theorem, if country A is labor abundant then once trade opens.
A. Wages and rents should fall in A
B. Wages and rents should rise in A
C. Wages should rise and rents should fall in A
D. Wages should fall and rents should rise in A
4
Small nations whose trade and financial relationships are mainly with a single partner tend to utilize.
A. Pegged exchange rates
B. Freely floating exchanged rates
C. Managed floating exchange rates
D. Crewing exchange rates.
5
If a small country imposes a tariff on an imported goods terms of trade will
A. Improve
B. worsen
C. Not change
D. any of the above
6
In today world most countries impose tariffs
A. Only on imports
B. Only on exports
C. On both imports and exports
D. On imports exports and nontrade goods
7
To help developing nations strengthen their international competitive rises many industrial nations have granted non nations udder the .
A. International commodity engravement's program
B. Multilateral contract program
C. Generalized system of preferences program
D. Export led growth program
8
Among the institutions and polices that have been created to support developing countries are.
A. the World bank
B. The international Monetary Fund
C. The Generalized system of Preferences
D. All of the above
9
A _________ is a regional trading block in which member countries eliminate intercanal trade barriers but maintain existing barriers against countries that are not members.
A. Free trade area
B. Customs union
C. Common market
D. Monetary union
10
A depreciation of the dollar willhave its most pronounced impact on imports if the demand for imports is.
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