Deneme Sınavı Soruları

Govermental voluntary  Export Restraints 

Export Subsidies

Domestic Production Subsidies

Dumping

International Cartels

I and II

IV and V

I, II and III

I, IV and V

II, III, IV and V

I, II and III

III, IV and IV

I, II, III and IV

I, II, IV and V

II, III, IV and V

It claims that the foreign exchange rate will solely be determined by the price level changes in both countries

It is based on a principle known as law of one price

According the PPP Theory, domestic price level will be equal to the product of the exchange rate and the level of foreign price level

The PPP Theory points out that if the prices in the home country increase more
than the prices in the foreign country, domestic currency must appreciate

It investigates the relationship between the prices of not only the identical goods but also the prices of all goods among countries

Optimal tariff.

Specific tariff.

Compound tariff.

Protective tariff.

Revenue tariff.

Trade deflection 

Dynamic effects of customs union 

Static effects of customs union 

Trade creation 

Trade diversion

is an arrangement to avoid some or all forms of competition which domiciles under more than one government 

is the non-stop tendency of a domestic monopolist to maximize total profits via selling the commodity at a higher price 

is the temporary sale of a commodity at below cost or at a lower price abroad as a way to drive overseas producers out of enterprise

is a tariff imposed on imports manufactured in overseas countries and priced below the fair market value of similar goods in the domestic market.

is the occasional sale of a commodity at under cost or at a lower price overseas than domestically 

I and II

III and IV

I, IV and V

II, III, IV and V

I, II, III, IV and V

Private Capital Movements.

Government Capital Movements.

Short Term Capital Movements.

Foreign Capital Movements.

Domestic Capital Movements.

I

I and II

II and III

I and III

I, II and III

cannot affect the global market

have less than 1000000 residents.

can affect global markets

have smaller land

do not want to trade with other countries

Quotation.

Interest parity condition.

Forward exchange rate.

Domestic interest rate.

Equilibrium exchange rate.

1980 - 1983

1980 - 1995

1983 - 1990

1985 - 1995

1985 - 1990

A country will have an absolute advantage in the production of a good that uses the abundant factor.

A country will have a comparative advantage in the production of a good that uses the abundant factor.

A country will have an absolute advantage in the production of a good that requires minimum labor.

A country will have an absolute disadvantage with respect to the other nation in the production of two goods.

A country will have a comparative advantage in the production of a good that has higher opportunity cost.

The price at which a currency is exchanged for the other currency refers to it.

Lowering the value of the national currency by the decision of the Central Bank is called devaluation.

Raising the value of the national currency by the decision of the Central Bank is referred to revaluation.

They are the accounts that give rise to the inflow of the international payments to the country.

International transactions are recorded into the balance of payments by the double-entry bookkeeping principle.

Adam Smith

Bertil Ohlin

Jacob Viner

David Hume

John Maynard Keynes

There are many buyers and sellers.

The firms sell differentiated commodities.

There are no barriers to entry and exit.

There is no price control.

There is perfect information in the market.

new-product

product-patent 

product-maturity

product-standardization

product-decline

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.

Differences in Technology

Differences in Resource Endowments

Existence of Government Policies

Existence of Economies of Scale in Production

Differences in Demand