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Q. The movement to free international trade is most likely to generate short-term unemployment in which industries?

Q. If { } > { } when K= capital and L= labour, Pk is price of capital and Pl is price of labour and A and B are countries then

Q. A primary reason why nations conduct international trade is because:

Q. If a country decreases the external value of its currency, it will affect:

Q. A common or single market will have all of the following features except:

Q. Recent pressures for protectionism in the United States have been motivated by all of the following except:

Q. Foreign trade creates among countries:

Q. If a nation gains from trade its consumption point is

Q. If Debit balance in the balance of payment accounts are greater than the Credit balance it leads to

Q. ------------theory states that countries which are rich in labour will export labour intensive goods and countries which are rich in capital will export capital intensive goods