International Economics Quizzes, Questions & Answers

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Net-jrf Practice Mock Test #5: International Economics

NET-JRF Practice Mock Test #5: International Economics explores the dynamics of global trade. It assesses understanding of trade reasons, specialization benefits, trade substitutes, and impacts on domestic industries. Essential...

Questions: 10 | Attempts: 314 | Last updated: Mar 22, 2023

Sample Question
A primary reason why nations conduct international trade is because:

Some nations prefer to produce one thing while others produce other things

Resources are not equally distributed among all trading nations

Trade enhances opportunities to accumulate profits

Interest rates are not identical in all trading nations

Trade Strategies For Economic Growth & Development

Read pages 367 to 377 in the textbook (IB Economics- A Course Companion) and answer the questions which follow.

Questions: 50 | Attempts: 345 | Last updated: Mar 21, 2023

Sample Question
When a country produces just a few major products, it may suffer from the problem of:

Interdependence

Independence

Over-specialization

Trade diversion

Final Exam Part 4

This Final Exam Part 4 assesses understanding of international economics, focusing on exchange rates, capital flows, and monetary policy. It tests the ability to analyze economic relationships and policy impacts in a global...

Questions: 98 | Attempts: 63 | Last updated: May 11, 2023

Sample Question
If capital flows freely between countries and a country has a fixed exchange rate, one thing you know is that the country:

Exports more than it imports

Must have ample gold reserves

Cannot have a domestic monetary policy

Must be running large trade deficits

Macroeconomics In The Global Economy

Answer 10 questions. Only one answer is correct. If you want to be under time pressure, use no more than 10 minutes.

Questions: 10 | Attempts: 1464 | Last updated: Mar 22, 2023

Sample Question
There are several methodologies to measure GDP. If you compare two of them: the product and expenditures methodologies, they should provide you with the same estimate of GDP...

Only for economies with a balanced current account

For all economies

Only when we measure GDP in PPP (purchasing power parity)

Only when inventories are constant

International Economics - The Final Quiz - Part 1

Quiz set for the course of professor Tajoli, part 1: globalization, balance of payments. May your balance of trade be always equal to zero.

Questions: 9 | Attempts: 630 | Last updated: Mar 20, 2023

Sample Question
Which of the following country will probably have a LOW degree of openness?

A middle-east oil exporter.

A relatively small country with a strong specialization in state-of-the-art microchips.

A rich country with high degree of productivity in different industries.

A relatively small country that export high-quality agricultural product

Degree of openness of these countries are not clear.

Recent Quizzes

(8.) Economics Hl. International Economics, Definitions.

(8.) Economics HL. International economics, definitions.

This quiz, titled 'Economics HL. International Economics, definitions,' assesses understanding of key economic concepts such as free trade, trade volumes, multinational corporations, terms of trade, and comparative and absolute...

Questions: 37 | Attempts: 194 | Last updated: Oct 16, 2024

Sample Question
The actual number of goods and services in and out of your country is known as a country's ...

Trade mass

Trade volumes

Terms of trade

Net exports

U S Macroeconomics Trivia Questions

U S Macroeconomics trivia questions

Explore U.S. macroeconomic policies and their global impact through questions on currency exchange, trade balances, and historical economic events.

Questions: 21 | Attempts: 222 | Last updated: Mar 20, 2023

Sample Question
Faced with growing problems in Asia, the US government spent several billion dollar buying Japanece yen. This action was intended to:

Increase the supply of Japanese yen in Asia

Increase the supply of Japanese yen in the US

Weaken the Japanese yen and strenghten the US dollar

Strengthen the Japanese yen and make the Japanese exports less expensive

Strengthen the Japanese yen and make Japanese exports more expensive