By whom was the value of free trade first observed and documented?
By Adam Smith
By David Ricardo
By Benjamin Franklin
Do countries protect their basic industries?
No
Yes
The other answers are correct
Does the United States defend free trade?
The other answers are correct
Yes
No
Does India defend free trade?
The other answers are correct
No
Yes
Why do manufacturing sectors in poor or developing countries support protectionism?
None of the other answers is correct
As a means of promoting mature local business
As a means of promoting still incipient or immature business
According to many economists, what caused the collapse in world trade that deepened the depression of 1930s?
Tariffs
Free trade
The other answers are correct
What economic policy did you think is beneficial to maintain a positive trade balance?
Mercantilism
Free trade
The other answers are correct
What economic policy difficults economic growth?
Free trade
Protectionism
The other answers are correct
In which economic policy is there a greater increase in efficiency?
In protectionism
The other answers are correct
In free trade
What will cause the tariffs?
They increase the cost of importers
They decrease the cost of importers
The other answers are correct
What tariffs are rarely implemented?
The other answers are correct
The export ones
The import ones
How can a government intervene in the exchange market to decrease the value of its currency?
Buying its currency
Selling its currency
The other answers are correct
Why is a government intervention policy in the exchange market effective only in the short term to decrease the value of its currency to improve its trade balance?
The other answers are correct
Because it will mos likety lead to deflation in the country in the long term
Because it will most likely lead to inflation in the country in the long term
The setting of artificial prices inevitably leads to distorsions in production, with excess production being the usual result. The creation of "grain montains" or fully filled silos, where huge reserves of unwanted grain are purchased directly from farmers at prices set by the ___ well above the market may be an example
CAP
OTAN
UNESCO
What population does the European Union have?
Almost 500 million people
Almost 450 million people
Almost 300 million people
According to the notes, what important country has experienced tremendous growth in its economy?
France
China
Spain
What percentage of all Internet traffic uses English?
40%
35%
50%
The creation of the international criminal court and international justice movements, are they a positive or negative effect of globalization?
Positive
Negative
The other answers are correct
What is the increase in the quantity of goods and services produced by an economy over a period of time called?
Economic decline
Economic growth
Economic balance
With a growth rate of 8% per year, how many years will it take for GDP to double?
28
13
9
Does good governance lead to economic growth?
Yes
No
The other answers are correct
Are microloans good for economic growth?
No
Yes
The other answers are correct
Scientists have warned of the possibility, under the influence of climate change, of a sudden alteration in the circulation patterns of ocean currents that could ___ alter the climate in some regions of the globe
The other answers are correct
Slightly
Drastically
One of the causes of coral bleaching is the ___ of the ocean
Acidification
Basification
The other answes are correct
One of environmental issues of the mining industry is the ___ of biodiversity