QUIZ 2 ( Theories on INternational Trade)

QUIZ 2 ( Theories on INternational Trade)

University

25 Qs

quiz-placeholder

Similar activities

Introduction to Accounting (Chapter 1-4)

Introduction to Accounting (Chapter 1-4)

University

20 Qs

Accounting Information Quiz

Accounting Information Quiz

University

20 Qs

PRICOS Online Quiz #2

PRICOS Online Quiz #2

University

20 Qs

Quiz 2 MGT340

Quiz 2 MGT340

University

20 Qs

Chapter 3: Strategic Initiatives for implementing CA

Chapter 3: Strategic Initiatives for implementing CA

University

20 Qs

ECONOMICS THOUGHTS FINALS

ECONOMICS THOUGHTS FINALS

University

20 Qs

business

business

University

20 Qs

Advance data-structures

Advance data-structures

University

20 Qs

QUIZ 2 ( Theories on INternational Trade)

QUIZ 2 ( Theories on INternational Trade)

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Shyeleen Nunez

Used 43+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When the value of export is greater than the value of import, it is called__________________________?

Trade surplus

Trade deficit

Protectionism

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Country's wealth was determined by the amount of its gold and silver holdings.

trade surplus

mercantilism

absolute advantage

competitive advantage

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

H e developed the product life cycle theory.

Adam Smith

Raymond Vernon

Steffan Linder

Paul Krugman

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Heckscher-Ohlin Theory is also known as_______________________________?


*Note: Dont include any symbols/Unnecessary letters

Do NOT use caps lock

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

In mercantilism, The objective of each country is to have trade deficit and to avoid trade surplus.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are the determinants of Porter's National COmpetitive Advantage Theory EXCEPT:

Local Firm Strategy and structure

Local demand conditions

Local industrial resources

Local factor conditions

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Comparative advantage focus on the relative productivity differences, absolute advanatage looks at the absolute productivity

TRUE

FALSE

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?