Tariff can be define as a compulsory levy on
Goods that are produced and consumed locally
Foreign exchange earnings
Imported but inferior goods
Foreigners working in a country
Imports and exports
Correct answer is E
No explanation has been provided for this answer.
I only
II and III only
I and II only
I and III only
I,II and III only
Correct answer is E
No explanation has been provided for this answer.
Ratio of capital movement to export movements
Ratio of import to short-term export
Difference between export and import
Ratio of short-term capital movement to long-term capital movements
Ratio of index of export prices to index of import prices
Correct answer is E
No explanation has been provided for this answer.
In a public company, entrepreneural function are performed by the
Workers
Shareholders
Creditors
Board of directors
Chairman
Correct answer is D
No explanation has been provided for this answer.
Monopoly can best be described as a market in which
A single seller sells a product which has no close substitute
Few sellers sell a products at different prices
The entry of other firms is restricted by the few firms in the market
Two or more sellers sell a product which is differentiated
A single buyer buys a product which has no close substitutes
Correct answer is A
No explanation has been provided for this answer.