Foreıgn Trade Ara 6. Deneme Sınavı

Toplam 20 Soru
PAYLAŞ:

1.Soru

What is overlapping Demands Model referred as?


Hechsner Model

Ohlin Model

Linder Model

Restrictions Model

Unemployment model


2.Soru

According to David Hume’s “the specie-flow theory” what happens to the prices of goods in that country if a country’s net exports increased and more gold flowed into a country?


the prices of goods in that country would do not change,

the prices of goods in that country would rise,

the prices of goods in that country would decrease,

the prices of goods in that country would rise one year and decrease in following year,

the prices of goods in that country do not depend on trade,


3.Soru

Which definition is correct for the concept of " product differentiation "?


lt is good at predicting the pattern of international trade.

It explains demand oriented model of international trade.

It determines the comparative advantage of the trading countries.

Producing a commodity slightly different from the commodity produced by the
competitor is called product differentiation.

It helps you to find out the pattern of trade.


4.Soru

How many simplifying assumptions does The Heckscher-Ohlin Theory stand on? 


3

5

8

10

12


5.Soru

What does the real side of international economics refer to?


International trade

International money

Barter

Investment flow

Balance of trade


6.Soru

In which of the following conditions do potatoes and rice become inferior goods?


When the demand for a certain commodity decreases while the income increases.

When the demand for a certain commodity increases while the income increases.

When the demand for a certain commodity decreases while the income decreases.

When the increase in the demand for a certain commodity is smaller than the increase in income.

When the increase in the demand for a certain commodity is greater than the increase in income.


7.Soru

What refers to the circumstance when the demand for a certain commodity decreases while the income increases?


Income elastic demand

Income inelastic demand

Linder model

Inferior goods

Hechsner theory


8.Soru

What refers to a condition of decreasing cost of a unit of commodity while its output rate increasing?


Increasing returns to scale

New international trade theories

Factor-intensity reversal

Factor price index

Unemployment rate


9.Soru

What is the name of the term that in economic theory, represents the situation in which one part gains in the expense of the other part?


Neomercantilist

Zero-sum game

Mercantilism

Laissez-faire

Homogeneous


10.Soru

Which one of the following terms refers to raising the value of the national currency by the decision of the Central Bank?


Foreign exchange rate

Devaluation

Currency depreciation

Revaluation

Currency appreciation


11.Soru

I. Protect international companies

II. Collect revenue to the Treasury

III. Serve for diplomatic relations 

Which one(s) of these is/are among the main aims of trade restrictions?


Only I

Only II

Only III

I-II

II-III


12.Soru

Which of the following is not one of the subjects that the international money part deals with?


Financial transactions

Foreign exchange markets

Physical movement of goods or services

Foreign exchange rate systems

Payments among the nations


13.Soru

" Almost all the international trade models assume that international trade is ................ ".

Which of the following choices completes the blank correctly?


a perfectly competitive market

a different market type

lower earning

free

a production type


14.Soru

According to The Product Cycle Model, in which stage does the production of the new product within the innovating country decrease rapidly since the imitating country undersells it in its domestic market?


new-product stage

product-growth stage

product-maturity stage

product-standardization

product-decline stage


15.Soru

Which of the following choices is false related to the " Characteristics of a Perfectly Competitive Market "?


There are many firms producing a homogenous commodity.

There are many consumers.

Demand preferences are the same in both countries.

It’s easy to enter in and exit out.

Firms and consumers are well-informed.


16.Soru

Who is the writer of The Wealth of Nations?


David Ricardo

Adam Smith

John Stuart Mill

Alfred Marshall

Paul Samuelson


17.Soru

Which one defines the concept of volume of trade correctly?


It gives the total amount of imports and exports.

It  gives the difference between total imports and total exports.

There is a trade deficit.

It means that there is a trade surplus.

None of them defines it correctly.


18.Soru

Which of the following choices " explains the situation in which a commodity is the labor-intensive commodity in the labor-abundant country and the capital-intensive commodity in the capital-abundant country "?


Factor-Intensity Reversal

Specific Factors Model

Leontief Paradox

Hecskcher-Ohlin Theory

Human Capital


19.Soru

Which of the following is an explanation for ‘economies of scale’?


It is producing a commodity slightly different from the commodity produced by the competitor.

It refers to the same amount of output increase with the increase within the factors of production.

It exists when the increase in the output is proportionally more than the increase in the input.

It refers to a reduction in the average cost of a firm in conjunction with the increase within the size of the industry.

It refers to a reduction in the average cost of a firm that is peculiar to the increase within the scale of the firm itself.


20.Soru

  1. Product-decline stage
  2. New-product stage
  3. Product-maturity stage
  4. Product-growth stage
  5. Product standardization stage

In which of the following is the order of the five stages of Product Cycle Model given correctly?


II-III-IV-V-I

II-IV-III-V-I

II-IV-I-V-III

II-III-IV-I-V

II-IV-V-III-I