Economic Integration Quiz

Economic Integration Quiz

University

50 Qs

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Economic Integration Quiz

Economic Integration Quiz

Assessment

Quiz

Others

University

Practice Problem

Hard

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50 questions

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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

International economic integration refers to:

Military alliances

Political unification

Shared markets

Formation of economic unions

Removal of trade barriers

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Main types of economic integration include:

Free trade areas

Customs unions

Economic unions

Complete political unions

Currency fragmentation

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The goals of economic integration are:

Economic efficiency

Trade liberalization

Market expansion

Increased protectionism

Cultural assimilation

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Benefits of integration include:

Cross-border investments

Decreased competition

Larger consumer base

Improved infrastructure

Skills exchange

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The European Union is an example of:

Development bank

Military pact

Free trade agreement

Customs union

Economic union

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Challenges of integration include:

Enhanced education

Uneven development

Loss of sovereignty

Economic dependency

Free movement of labor

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Examples of regional economic organizations include:

OPEC

NATO

ASEAN

European Union (EU)

Eurasian Economic Union (EAEU)

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