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International Economics Questions

Explore questions in the International Economics category that you can ask Spark.E!

The majority of the leave campaign was related to immigration and re-appropriation of funds

A Veblen good is another name for what type of good?

Who is actually hurt from trade embargos

1. If you import more than you export it is harmful because In a trade deficit Reduces GDP Harms job market All the above

North Korea are under a trade embargo from the US

The World trade organization forces everyone to trade with each other

Customs are the organization/administration that control what enters a country from abroard

if you export more than you import you are in a trade surplus

_ are tariffs levied on imports sold below costs to drive domestic firms out of business.

Which of the following is true of the absolute advantage theory of international trade?

The General Agreement on Tariffs and Trade (GATT) expanded considerably into a multilateral trading system called

The ___ was a multilateral agreement, created in 1948 governing the international trade of goods (merchandise)

___ have specified upper or lower bounds within which an exchange rate is allowed to fluctuate upper or lower

__ refers to the deal struck by MNEs and host governments, which change their requirements after the initial FDI entry

The ___ theory viewed international trade as a zero-sum game.

The __ theory is based on the assumption that the wealth of the world is fixed.

Which of the following is a primary cost of FDI to host countries?

Which of the following political perspectives maintains the view that FDI has both pros and cons and can only be approved when its benefits outweigh costs?

Which of the following can be considered as an economic argument against free trade?

___ are politically motivated trade sanctions against foreign countries to signal displeasure.

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