Home
About Us
Contact Us
Privacy Policy
Search
Home
→
Economics Mcqs
→
Regional Trading Arrangements
→
As of 2002, the ________ became the official currency union of the European Monetary System ?
Related MCQs
Criticisms against the North American Free Trade Agreement include all of the following except ?
Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is _ and the total number of countries forming the customs union is _________?
A positive, dynamic effect of economic integration is illustrated by ?
_________ is said to exist when the formation of a regional trading group leads to an expansion of trade above pregroup levels ?
________ is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries ?
If A forms a customs union with C, the value of trade diversion will be ?
If A imposes a per unit tariff of $10 on imports from both B and C A will import ?
Trade diversion takes place when ?
The implementation of a common market involves all of the following except ?
The implementation of the European Union has ?
The European Union is an example of a/an ?
The European Union has achieved all of the following except ?
Under the EU’s Common Agricultural Policy, a variable import levy equals the ?
Trade creation takes place when ?
When imports from a higher-cost supplier within a customs union replace imports from a lower-cost supplier outside the custom union, there exists ?
Suppose that tomatoes from Mexico face a 20 percent tariff in the United States and a 25 percent tariff in Canada. If the United States and Canada maintain free trade between each other, the these two countries belong to a ?
Which level of economic integration best applies to the U.S economy ?
A ____ is a regional trading bloc in Which member countries eliminate internal trade barriers but maintain existing barriers against countries that are not member ?
The European Monetary Union is an example of a ?
If A forms a customs union with B, A will import ?
The NAFTA is a ?
In free trade A will import ?
Under the Common Agricultural Policy exports of any surplus quantities EU produce are encouraged through the usage of ?
When several countries jointly impose common external tariffs, eliminate tariffs on each other, and eliminate barriers to the movement of labor and capital among themselves, they have formed a/na ?
The Common Agricultural Policy of the European Union has ?
Which factor of production in the United States is most likely to be made worse off (its factor payment will decrease) because of the North American Free Trade Agreement ?
Which country is not a member of the European Union ?
Members of the EU find that trade creation|| is fostered when their economies are ?
As of 2002, the ________ became the official currency union of the European Monetary System ?
A. dollar
B. mark
C. franc
D. euro
Correct Answer:
euro
✔
Last Updated:
June 18, 2019