Seçmeli Ara Sınav - Foreıgn Trade

Soru 1:

Which of the following refers to the same amount of output increase with the increase within the factors of production?

A) Labor-abundant country B) Capital-abundant country C) Labor-intensive commodity D) Capital-intensive commodity E) Constant returns to scale

Soru 2:

Which of the following reasons of Intra-Industry Trade belongs to Grubel?

A) Internal economies of scale B) Product differentiation C) Transportation costs D) Scope of commodity classification E) Differences in distribution of income

Soru 3:

Which one of the following is not among the five stages of the life cycle of a new product according to Product Cycle Model?

A) new-product B) patent rights C) product-maturity D) product-standardization E) product-decline

Soru 4:

Who is Staffan Linder?

A) An American author B) An Italian administrator C) A Swedish economist D) A French director E) A German scientist

Soru 5:

What is a country’s advantage in terms of products called?

A) Natural advantage B) Acquired advantage C) Labor productivity D) Autarky E) Opportunity costs

Soru 6:

What are the countries trying to give foreign trade surplus for social and political purposes called?

A) Zero-sum game B) Laissez-faire C) Neomercantilist D) Homogeneous E) Absolute advantage

Soru 7:

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

A) Natural advantage B) Labor productivity C) Comparative advantage D) Autarky E) Opportunity costs

Soru 8:

Which of the following statement correctly defines the concept of volume of trade?

A) the difference between total imports and total exports, B) when total imports and total exports are equal to eachother, C) If total imports are more than the total exports within an economy, D) when total exports exceed total imports, E) the total amount of imports and exports.

Soru 9:

What does " Business-to-business (B2B) e-commerce " include?

A) The phrase of B2B refers to the substitution of computers and internet facilities for labor services in economic transactions. B) It refers to shopping of the consumers from a range of businesses via internet resources. C) Exports of manufactured goods constituted the biggest share within the total merchandise exports in 2017 with a percentage of 70. D) It includes a broad range of intercompany transactions like purchases of services. E) It illustrates that volume of the world merchandise trade increased almost 5 percent.

Soru 10:

" ................. exist when the increase in the output is proportionally more than the increase in the input ". Which of the following choices best completes the blank in the sentence?

A) Constant returns to scale B) Internal economies of scale C) Price competitiveness D) Brand competitiveness E) Economies of scale

Soru 11:

What is it called if total imports are more than the total exports within an economy?

A) Balance of trade B) Trade deficit C) Trade surplus D) Volume of trade E) Terms of trade

Soru 12:

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 is called:

A) Magnification effect. B) Constant returns to scale. C) Leontief paradox. D) Factor-intensity reversal. E) Elasticity of substitution of factors of production.

Soru 13:

"Special skills for production can be transferred from one generation to another and thus prolong for decades." What does the above description define?

A) Introduction to new ideas B) Local market for skill C) Use of specialized machinery D) Hereditary Skill E) Growth of subsidiaries

Soru 14:

Which of the following choices best completes the definition of " Patent rights "?

A) They are types of competitiveness that equips a commodity. B) They are a type of intellectual property rights. C) They depend on the kind of the production increase. D) They decline due to the price competitiveness of the imitating country. E) They don't meet the domestic demand by domestic production.

Soru 15:

How many main parts is international economics composed of?

A) three main parts, B) two main parts. C) four main parts. D) five main parts, E) six main parts,

Soru 16:

What is the reason that Countries engage in international trade?

A) Because trade creates winners and losers, B) Because trade is a zero sum game, C) One’s gain certainly will be greater than that, D) because they benefit from doing so, E) Because trade occurs as barter

Soru 17:

Protect foreign producers Ignore infant-industry argument Collect revenue to the Treasury Adjust balance of payments Serve the diplomatic relations Which of the above are among the main aims of trade restrictions?

A) I, II and III B) II, III and IV C) III, IV and V D) I, II, III and IV E) II, III, IV and V

Soru 18:

" .............. in the terms of trade refers to a deterioration in the terms of trade." Which choice completes the blank correctly in this sentence?

A) Increase B) The lowest C) Decrease D) The change E) The ratio

Soru 19:

How many types of the market types do the economists identify?

A) 2 B) 4 C) 6 D) 7 E) 8