A/An _____ is characterized by the absence of tariffs, taxes, licensing requirements, subsidies, etc.

AE1-M2-REVISION

Quiz
•
English
•
University
•
Hard
Thu Nguyen
Used 2+ times
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50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
regulation
protected market
restriction
open market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ is a situation in which goods come into and out of a country without any tariffs or subsidies.
Deregulation
Customs
A restriction
Free trade
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Countries which truly believe in free trade try to liberalise their trade; they take away _____ to trade.
quotas
tariffs
subsidies
barriers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ are limits on the quantity of goods that can be imported into a country.
Regulations
Restrictions
Tariffs
Quotas
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When companies _____ goods in overseas markets, they sell goods at very low prices, usually for less than the producing cost.
export
import
trade
dump
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The worldwide movement toward economic, financial, trade, and communications integration is referred to as _____.
privatisation
liberalisation
deregulation
globalisation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the process of liberalization, Finnair is developing a foreign _____ at Stockholm, a central point to and from which flights go to final destinations.
code-share
slot
alliance
hub
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