Ünite Sınavı Soruları

Which term represents the benefits an individual, investor or business misses out on when choosing one alternative over another?

What are the views of classical economists on Adam Smith and David Ricardo known as?

Which of the following refers to the ability to produce more of a given product using a given amount of resources?

What is the name of the curve that shows the alternative combinations of the two commodities that an economy can produce by fully utilizing all of its resources?

Which one of the following scholars is regarded as one of the first mercantilists believing that a nation’s holdings of gold are the main measure of its wealth?

Which of the following represents the situation in which one part gains in the expense of the other part?

What does Laissez-faire mean? 

"Advantageous trade can occur between countries if the countries differ in their __________ to produce goods and services."

Which term completes the above sentence?

Who does the scientific study of international trade begin with?

Who wrote “The Principles of Taxation and Political Economy”?

Who presented the notion of reciprocal demand?

Which one of the following is an example of acquired advantage within the theory of absolute advantage?

"The situation in which a country does not trade with the rest of the world" is called _______________.

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?

According to the Theory of Absolute Advantage, how a country should produce and export and import?

Which of the following is not among the five basic reasons that why trade may take place between countries?

"In the context of national production, the nation has opportunities to produce lemonade and yoghurt. If the nation wants to produce more yoghurt, because of labour resources are scarce and fully employed, in order to increase yoghurt production, it is necessary to remove the worker from the production of lemonade. The loss of lemonade production, which is necessary to produce more yoghurt is called...."

Which one of the following terms describes this situation best?

What is the name of the way to show a nation’s offer to export and import?

Which one below is the first International Trade Theory?

1. Similarities in demand
2. Similarities in technology
3. Differences in resource endowments
4. Existence of government policies
5. Existence of economies of scale in production

Which of the above are among the basic reasons why trade may take place?