Economic Geography

GDP or GNI: the Suzuki Car Factory in Esztergom?

• GDP

• GNI

• Both

DGP or GNI: the bank branch of OTP Bank in Pozsony?

• GDP

• GNI

• Both

Which of the following factors is NOT part of HDI (Human Development Index)?

• Life expectancy

• Expected years of schooling for children and average years of schooling for adults

• GNI per capita

• Government taxation income

When supply is higher than demand, prices will be________.

• high

• low

What does the definition describe: It refers to a consumer's willingness to purchase goods and services and the capability to pay the price for those.

• supply

• market

• demand

• production

Which economic structure is this: The produced/gathered things are the property of the whole society/tribe.

• Traditional economy

• Command economy

• Market economy

Which economic structure is this: The government decides what to produce and in what quantity?

• Traditional economy

• Command economy

• Market economy

Which economic structure is this: The relationship between supply and demand defines the value of a product?

• Traditional economy

• Command economy

• Market economy

Which statement is NOT true about transnational companies?

• They want to make as much profit as possible with only as much expenditure (financial input) as necessary.

• They make use of each country’s economic features (e.g. build factories in countries where labour is cheap, but develop their products in technologically developed ones).

• You can find their products and their factories everywhere on the planet, but their headquarters is in a financially and politically stable country.

• Their activity isn't independent of any country’s government.

Which type of economic integration is this: Trade barriers are removed between member countries, and members agree to trade with nonmember countries similarly?

• Custom Union

• Free trade area

• Common Market

• Economic Union