D311 Questions With Complete Solutions
Which of the following is an effect outward migration on countries? Brain drain
Which of the following is an alternative to trade that might or might not be a more efficient use
of resources? Factor movement
The protectionism theory that says a government should protect emerging industry from foreign
competition is known as what? Infant industry argument
A country that has a high gross domestic product generally has which of the following? A
large manufacturing base
Which of the following is NOT an assumption made by developing countries when trying to
develop a manufacturing base? National activity helps the industry building process.
Which of the following presumes that the unregulated importation of lower priced products
prevents the development of a domestic industry? Industrialization argument
, D311 Questions With Complete Solutions
Which of the following is considered a noneconomic rationale for government intervention in
trade? Promoting spheres of influence abroad
Which of the following can affect the price or quantity of an import? Nontariff barriers
Which of the following represents a form of direct assistance to local companies to boost
competitiveness? Subsidies
Which of the following would NOT be an opportunity created by governmental trade policies to
discourage trade? Shipping times
Which of the following requires the exporting country to provide additional economic benefits as
part of the transaction? Countertrade
Which tactic for dealing with importers includes using economic and noneconomic arguments to
support particular policies? Convincing decision makers
Which of the following is an effect outward migration on countries? Brain drain
Which of the following is an alternative to trade that might or might not be a more efficient use
of resources? Factor movement
The protectionism theory that says a government should protect emerging industry from foreign
competition is known as what? Infant industry argument
A country that has a high gross domestic product generally has which of the following? A
large manufacturing base
Which of the following is NOT an assumption made by developing countries when trying to
develop a manufacturing base? National activity helps the industry building process.
Which of the following presumes that the unregulated importation of lower priced products
prevents the development of a domestic industry? Industrialization argument
, D311 Questions With Complete Solutions
Which of the following is considered a noneconomic rationale for government intervention in
trade? Promoting spheres of influence abroad
Which of the following can affect the price or quantity of an import? Nontariff barriers
Which of the following represents a form of direct assistance to local companies to boost
competitiveness? Subsidies
Which of the following would NOT be an opportunity created by governmental trade policies to
discourage trade? Shipping times
Which of the following requires the exporting country to provide additional economic benefits as
part of the transaction? Countertrade
Which tactic for dealing with importers includes using economic and noneconomic arguments to
support particular policies? Convincing decision makers
