KTQT P3

KTQT P3

1st Grade

89 Qs

quiz-placeholder

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KTQT P3

KTQT P3

Assessment

Quiz

Computers

1st Grade

Practice Problem

Hard

Created by

Nhi Yến

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89 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The form of international price discrimination (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as

predatory dumping

sporadic dumping

persistent dumping

year-end dumping

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The form of dumping that represents the greatest potential net welfare loss the for importing nation is

predatory dumping

sporadic dumping

persistent dumping

year-end dumping

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______ occurs when a firm disposes on foreign markets a temporary increase in inventories caused by unforeseen changes in supply and demand conditions in the home economy

sporadic dumping

predatory dumping

persistent dumping

foreign dumping

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the cost-based definition of dumping, dumping occurs when a firm sells a product abroad at a price that is less than

average total cost

average variable cost

average fixed cost

marginal cost

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of trade barrier was used to protect U.S. auto firms from foreign competition during 1981-1984?

export quotas imposed by the Japanese government

export tariffs imposed by the Japanese government

import quotas imposed by the U.S. government

domestic subsidies granted by the U.S. government

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ______ allows a specified number of goods to be imported each year, and it not specifies from where the product is shipped and who is permitted to import

import quota

export quota

selective quota

global quota

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buy national policies

result in government purchase policies favoring domestic over foreign producers

result in government purchase policies favoring foreign over domestic producers

attempt to restrict the number of tourists leaving a nation

are intended to publicize the advantages of the most efficient domestic companies

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