(3) It establishes rules regarding international trade. 1. B) It must be adopted by countries as a precondition to joining the EU. Which of the following statements are true? Trade and Barter Economy: In a barter economy, one trade goods with goods. Which of the following statements about the Pope is not true? A) Tariffs reduce the welfare of importing countries. d. The Pope administered five of the seven sacraments. With the introduction of money, a society can expand trades because there is no need for the double coincidence of wants. A. its the first one The exchange rate refers to the amount of currency that can be purchased by a country`s own currency. According to economic theory, if a nation has a persistent trade deficit, its exchange rate is expected to fall against its trading […] B. Which two of the following costs are likely to rise when just in time (JIT) manufacturing is introduced? b)Foehn is a periodic wind c)Monsoons are local winds d)Westerlies are variable winds 2 See answers rudrasharmanoni rudrasharmanoni Answer: True. NAFTA was created after world war 2 to promote fiscal stability. c. "If demand is perfectly inelastic, consumers do not benefit from trade." Labour is more in number than that in the organized sector. C) It cannot be used by countries that are not members of the EU. (4) W.T.O. true. At its heart are the WTO agreements, the legal ground-rules for international commerce and for trade policy. They are usually not organized into trade unions. 3) Free trade is beneficial only if both countries have access to the same technology. Micronutrients, such as vitamins D and C and zinc, are critical for a well-functioning immune system and play a vital role in promoting health and nutritional well-being. Which two of the following statements about activity based costing are true? WTO is a permanent organisation (b). Calculus Q&A Library Problem 2: For the following statements, say whether they are true or false. c. The Pope was believed to speak for Christ on Earth. European traders often went to Africa’s interior on slave raids 2. A) International trade raises wages in developing countries. Advertisement. As part of the Late Bronze Age in ancient Greece, the Mycenaean civilization lived its better moments between the 15th to the 13th century BCE. The statement that is true of Mycenaean civilization but not of Minoan civilization is "it dominated the Aegean world through warfare." For multiple-choice and true/false questions, simply press or click on what you think is the correct answer. � 1. C) No organization has unlimited resources. A. For each of following statements, state whether it is true or false. A tariff-rate quota limits the quantity of a good imported just like an import quota. NAFTA was estabilshed to prmote global literacy and reduce world poverty Which of the following statements is most accurate regarding trans-Saharan trade? Of the following statements about the trade winds, which is/are true? B) Strategic management must become a self-perpetuating bureaucratic mechanism. The WTO is the only international body dealing with the rules of trade between nations. The Pope held the highest authority of the church. which is true statement about the North American Free Trade Agreement? Job security and work regulation are better in unorganized sector. (1) It allows free trade to all countries without any trade barriers. The trade winds are found between about 5 … Explain ineach case.a. "If demand is perfectly inelastic, there are no gains from trade." 21) Which of the following statements is true? Some African leaders, such as Afonso, tried to end the slave trade, while others encouraged it*** 3. NAFTA has established the largest free trade zone in the world. B) International trade with reach industrial countries forces people in the developing countries to work for lower wages. The slave trade had minimal effect on west Africa in the 1600s and the 1700s 4. B.The EU has abolished most trade barriers among participating countries, and has common tariffs applied to non-EU goods. 2. I. Which Of The Following Statements Is True Of The General Agreement On Tariffs And Trade (Gatt) The General Agreement on Tariffs and Trade is a port for a series of global trade negotiations that took place between 1947 and 1995 in a total of nine cycles. b. The Pope was elected by Cardinals. Which of the following statements about slavery is true?A.It began with the Spanish and Portuguese transatlantic slave trade.B.It had existed all over the world in various forms for thousands of years.C.It existed only in Africa before the sixteenth century.D.It first began in Africa in the 1500s D) Tariffs allow nations to trade more with other nations. IFRS 13 applies to IFRSs that require or permit fair value measurements or disclosures and provides a single IFRS framework for measuring fair value and requires disclosures about fair value measurement. a)Trade winds are permanent winds. 131.Which of the following statements about the European Union (EU) is true? Immigrants did not want to settle there. (a). Euclid stated that if equals are subtracted from equals, the remainders are equals in the form of : View Answer. a. Which statement about the slave trade is true? The growing trade of the Company augmented the financial resources of the Bengal Nawabs IV. 4.Workers are usually employed fora limted number of days.
Select the correct answer using the code given below Which of the following statement is true? FACT: Vitamin and mineral supplements cannot cure COVID-19 . “Certain talented people have a comparativeadvantage in everything they do.”c. C. Sometimes, Trade Policies Are Used To … Explain your answer. It controlled all of the trade routes between the Atlantic and Indian Oceans. Which of the following statement is not true about the WTO? The Bengal Nawabs did not object to the free trade of the English East India Company in Bengal II.Sirau-ud-din-daula objected to the misuse of trade privileges in Bengal by the Company officials III. Which of the following statements about the euro is true? Which of the following statements is not true of Trade Winds? Which of the following statements is true about tariffs? "The greater the elasticity of demand, the greater the gains from trade." a) They blow from the Horse Latitudes to the Doldrums b) They are deflected to the right to become South-East Trades in the southern hemisphere c) They are constant in strength and direction d) They sometimes contain intense depressions Statement True False The greater the elasticity of domestic demand for the good it exports, the greater the rise in consumer surplus from trade. For the most part, trade exchanges between West Africans and Arabs were peaceful and included the exchange of gold and slaves for weapons and horses. C) International trade leads to job losses in both import competing industries and exporting industries. Solve this quiz of 10 questions based on World Trade Organisation. C. It controlled trade routes which had previously been controlled by … true. A) It was adopted by all existing EU members when it was first initiated. The land was unsuitable for farming. While gold and slaves were often sold, lucrative salt was not introduced to Africa until the Portuguese arrived on the western shores. 1) Free trade is beneficial only if your country is strong enough to stand up to foreign competition. B. The Standard defines fair value on the basis of an 'exit price' notion and uses a 'fair value hierarchy', which results in a market-based, rather than entity-specific, measurement. The statement is now true. B) Tariffs are used mainly by exporting countries and rarely by importing countries. 2) Free trade is beneficial only if your competitor does not pay unreasonably low wages. The trade winds generally blow from the east to the west. The second factor that can affect a country`s current account balance is the exchange rate. Which of the following statement is not true regarding the world trade organization ? Which two of following statements about throughput accounting and the theory of constraints are true? 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