PPSC Economics Topic 5 International Economics

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  • Available questions153
  • Chapter NameInternational Economics

PPSC Economics Topic 5 International Economics

  • Total Questions20

  • Time Allowed20

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PPSC Economics Topic 5 International Economics

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Question # 1

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 # 2

All of the following are debit items in the balance of payment eexcept.

Question # 3

The factor endearment model of international trade was developed by.

Question # 4

Anti dumping duties applied to imported goods.

Question # 5

Absolute advantage is determined by

Question # 6

If a country has a bowed out production possibility frontier then production is said to be subject to.

Question # 7

The gain from international trade are closely related to.

Question # 8

Riskless transactions to take advantage of profit opportunities due to a price differential or a yield differtial in excess of transaction costs are called.

Question # 9

The least common type of transaction in the foreign exchanges is a.

Question # 10

International trade forces domestic firms to become more completive in terms of.

Question # 11

In developed countries tariffs on raw materials tend to be.

Question # 12

A tariff that prohibits imports has only

Question # 13

Trade based on comparative advantage assures that.

Question # 14

Mercantilism.

Question # 15

The national security argument for protection is more likely to be valid when

Question # 16

Specific tariffs are collected as

Question # 17

__________ policies attempt to foster industrialization by establishing high barriers to import of foreign goods to promote local production.

Question # 18

To help developing nations strengthen their international competitive rises many industrial nations have granted non nations udder the .

Question # 19

A sudden shift from import tariffs to free trade may induce short term unemployment in.

Question # 20

Among the institutions and polices that have been created to support developing countries are.

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