A. will increase B. will remain constant C. may be limited to chemical industries D. will make producing countries richer…
A. factors of production are free to move and be moved B. common currency is in use C. common agricultural…
A. 0.09 B. 2.00 C. 90.00 D. 380.00 Correct Answer: Option C - 90.00 Explanation Terms of trade = Index…
A. promote free trade and development among members B. provide loans to finance balance of payment problems C. provide loans…
A. current account transaction B. capital account transaction C. balance of trade account transaction D. invisible balance account transaction Correct…
A. Increase in export duties B. Increase in excise duties C. Depreciation of currency D. Total ban on imports Correct…
A. make imported goods affordable B. reduce domestic unemployment C. encourage the importation of non-essential goods D. make a country…
A. scares many people from politics B. prevent politicians from playing effective politics C. discourage entrepreneurs generally D. encourages urban-rural…
A. allocation of resources by the entrepreneurs B. mapping out strategies by the government C. developing some areas of the…
A. is borne only by the producer B. is borne only by the consumer C. will have a greater impact…