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ECS3702
ASSIGNMENT 01
YEAR: 2026
, Started on Tuesday, 11 August 2026, 11:28 AM
State Finished
Completed on Tuesday, 11 August 2026, 12:06 PM
Time taken 38 mins 43 secs
Marks 39.00/50.00
Grade 78.00 out of 100.00
Question 1
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Question text
The following influence the ToT except
a.
Exchange rate
b.
Inflation
c.
Government expenditure
d.
Commodity price volatility
Question 2
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Question text
The following are benefits of free trade, except
a.
Increased global output
b.
Improvement in production efficiency
c.
Over-reliance on global markets
d.
Increased consumption
, Question 3
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Question text
A stimulation of the South African economy will result in
[1] increased demand for goods and services
[2] increased imports
[3] decreased imports
[4] decreased demand for goods and services
A) 1 and 2
B) and 3
C) 2 and 4
D) Only 1
a.
Only 1
b.
1 and 2
c.
2 and 4
d.
Only 3
Question 4
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Marked out of 1.00
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The following statements are correct, except
a.
A measure of nations interdependence is the ratio of imports and exports to the GDP
b.
Globalisation increases efficiency in the production of goods and services
c.
Economic interdependence among nations has been decreasing over the years
d.
Trade is a stimulus to world growth
Question 5
Not yet answered
Marked out of 1.00
Plagiarism!!
ECS3702
ASSIGNMENT 01
YEAR: 2026
, Started on Tuesday, 11 August 2026, 11:28 AM
State Finished
Completed on Tuesday, 11 August 2026, 12:06 PM
Time taken 38 mins 43 secs
Marks 39.00/50.00
Grade 78.00 out of 100.00
Question 1
Not yet answered
Marked out of 1.00
Flag question
Question text
The following influence the ToT except
a.
Exchange rate
b.
Inflation
c.
Government expenditure
d.
Commodity price volatility
Question 2
Not yet answered
Marked out of 1.00
Flag question
Question text
The following are benefits of free trade, except
a.
Increased global output
b.
Improvement in production efficiency
c.
Over-reliance on global markets
d.
Increased consumption
, Question 3
Not yet answered
Marked out of 1.00
Flag question
Question text
A stimulation of the South African economy will result in
[1] increased demand for goods and services
[2] increased imports
[3] decreased imports
[4] decreased demand for goods and services
A) 1 and 2
B) and 3
C) 2 and 4
D) Only 1
a.
Only 1
b.
1 and 2
c.
2 and 4
d.
Only 3
Question 4
Not yet answered
Marked out of 1.00
Flag question
Question text
The following statements are correct, except
a.
A measure of nations interdependence is the ratio of imports and exports to the GDP
b.
Globalisation increases efficiency in the production of goods and services
c.
Economic interdependence among nations has been decreasing over the years
d.
Trade is a stimulus to world growth
Question 5
Not yet answered
Marked out of 1.00
