1.
G. MecDougall showed in his tests that ?

2.
Dynamic gains from trade could result from ?

3.
Under free trade, Canada would not realize any gains from trade with Sweden if Canada ?

4.
In autarky, when a community maximizes its standard of living its production point is ?

5.
In aukarky, when a community maximizes its standard of living, its production and consumption point is ?

6.
Which countries terms of trade improved between 1990 and 2000 ?

7.
If a country has a liner (downward sloping) production possibilities frontier, then production is said to be subjected to ?

8.
If the relative Price (MRT) of T were to increase, then the price line would ?

9.
The relative price (MRT) of T in terms of S is ?

10.
Country B has the comparative advantage in ?

Read More Section(Economics Mcqs)

Each Section contains maximum 70 questions. To get more questions visit other sections.