Ünite Sınavı Soruları

Which of the following takes part at the top of the economic integration pyramid?

Which of the following terms depends on David Ricardo's famous book, Principles of Political Economy an Taxation, according to which a country has to be specialized in the commodity in which its absolute disadvantage is smaller?

I. It was the first significant amendment of the Treaty of Rome.

II. Its main aim was to set a deadline for the establishment of European Single Market. 

III. It also paved the way for deeper integration.

Which of the above is correct related to Single European Act?

Which of the following is true about "trade diversion"?

Which of the following cannot be given as a dynamic effect of customs union?

Based on the requirements of the Maastricht Treaty, when wast the Euro launched?

How are the countries that are out of economic integration referred to?

"It occurs when traded commodity is shifted from the highest cost domestic producer to the lowest cost customs union member country."

What is the name of the term explained above?

According to the Maastricht Convergence Criteria, public debt should not exceed ........... percent of GDP.

Which of the following correctly completes the bank in the above sentence?

Which of the following is true about 'autarky'?

I. It refers to the first stage of economic integration.

II. The aim is to enhance international trade among the participant countries.

III. In this respect, the countries lower the tariffs.

Which of the above is correct related to preferential trade agreement?

I. International trade provides one-to-one correspondence between commodity prices and factor prices.

II. It's one of the sub-theorems of the Heckscher-Ohlin Theory.

III. It refers to perfect competition in both the commodity and factor market.

Which of the above is true Factor-Price Equalization Theorem?

Which one is considered a response to the long-standing economic turmoil after the oil crisis?

I. The decrease in competition will lead to a search for a higher level of technology.

II. Along with the establishment of the customs union, trade restrictions among the member countries are abolished.

III. Increased foreign direct investments will also help to the adjustment of balance of payments deficits of the member countries, if any.

Which of the above information on the "dynamic effects of the customs union" are correct?

It constitutes the area in between the demand and the price of the commodity that is subject to examination.

What is the name of the term explained above?

I. High transportation costs and weak international relations

II. High-dependence on trade with countries that are outside the economic integration

III. Addiction to a central planning system

Which of the above is among the reasons of the failures of the economic integration initiatives before EC?

"Before the establishment of the customs union, producers may enjoy the protection behind the trade restrictions. Along with the establishment of the customs union, trade restrictions among the member countries are abolished."

Which of the dynamic effect of custom unions is correct regarding the explanation above?

"Single European Act...................."

Which of the following does not complete the statement above?

Which of the following is not one of the twelve leverages set by the European Commission in 2011 to achieve the common goal of a highly competitive social market economy?