Members of the EU find that trade creation is fostered when their economies are
A. | highly competitive |
B. | highly noncompetitive |
C. | small in economic importance |
D. | geographically distant |
Option: A Explanation : Click on Discuss to view users comments. |
A tariff that prohibits imports has only
A. | a revenue effect and redistribution effect |
B. | revenue effect and protection effect |
C. | consumption effect and protection effect |
D. | redistribution effect and consumption effect |
Option: C Explanation : Click on Discuss to view users comments. |
Out of 4 factors i.e. (i) Dividend Yield (ii) Market Interest, Rates (iii) Time to Expiry, and (iv) Price volatility, which affect the premium of an option?
A. | (i), (ii), and (iv) |
B. | (ii), (iii), and (iv) |
C. | (ii), and (iv) |
D. | (i), (iii), and (iv) |
Option: D Explanation : Click on Discuss to view users comments. |
Given free trade, small nations tend to benefit the most from trade since they
A. | Are more productive than their large trading partners. |
B. | Are less productive than their large trading partners. |
C. | Have demand preferences and income levels lower than their large trading partners. |
D. | Realize terms of trade lying near the MRTs of their large trading partners. |
Option: D Explanation : Click on Discuss to view users comments. |