IBTRADE QUIZ - LT MIDTERMS

IBTRADE QUIZ - LT MIDTERMS

University

20 Qs

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IBTRADE QUIZ - LT MIDTERMS

IBTRADE QUIZ - LT MIDTERMS

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

KRISEL IBAÑEZ

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20 questions

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1.

MULTIPLE CHOICE QUESTION

5 sec • 5 pts

In International Monetary Fund
Three Main functions:

"This pursues the two-pronged goal of providing temporary financing and supporting policies that will correct these kinds of problems."

SURVEILLANCE

TECHNICAL ASSISTANCE

LENDING

2.

MULTIPLE CHOICE QUESTION

5 sec • 5 pts

In International Monetary Fund
Three Main functions:

"This refers to the monitoring of economic and financial developments and policies in member countries at the global level."

SURVEILLANCE

TECHNICAL ASSISTANCE

LENDING

3.

MULTIPLE CHOICE QUESTION

5 sec • 5 pts

In International Monetary Fund
Three Main functions:

"The IMF provide the governments and central banks of its member countries with technical assistance and training in the countries areas expertise."

SURVEILLANCE

TECHNICAL ASSISTANCE

LENDING

4.

MULTIPLE CHOICE QUESTION

5 sec • 5 pts

TRUE OR FALSE

In the classical theories of international trade assume that;

THERE ARE TWO PRODUCTS TO TRADE WITH.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

5 sec • 5 pts

TRUE OR FALSE

In the classical theories of international trade assume that;

THERE IS ONLY ONE COUNTRY WHICH WILL TRADE.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

5 sec • 5 pts

TRUE OR FALSE

In the classical theories of international trade assume that;

THERE IS ONLY ONE FACTOR OF PRODUCTION-THE INPUT-IN ORDER TO COME UP WITH A PRODUCTION.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

5 sec • 5 pts

In his book entitled Wealth of Nations published in London in1776, _______________ discuss the Theory of Absolute Advantage.

Adam Smith

David Ricardo

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