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World Economy.e

World Economy.e

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56 вопросов Вариант 1 Доступ 7 дней
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Вопросы и варианты

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Вопрос 1

According to the theory of …if a country can export a good cheaper than our country can produce it, it would be more advantageous to buy from it a certain part of our own productive labor applied in the area, where we have some advantages

  1. production
  2. relative advantage
  3. absolute advantage
  4. comparative advantage
Вопрос 2

The export quota indicates …

  1. cooperation of production
  2. a country’s foreign economic relations
  3. international market orientation of individual sectors of national economy
  4. international migration development
Вопрос 3

The embargo means that the quota is equal to …

  1. 0
  2. 50 %
  3. 100 %
  4. 25 %
Вопрос 4

A customs duty, levied upon a good based on a unit of measurement (1 ton, 1 piece, 1 cm, etc.) is called a … duty

  1. specific
  2. ad valorem
  3. combined
  4. alternative
Вопрос 5

The imposition of voluntary export restraints …

  1. contributes to the importing country’s welfare
  2. is more favorable to the importing country, that the imposition of import quotas
  3. is beneficial to the exporting country
  4. is equally beneficial both to the exporting and importing countries
Вопрос 6

The openness of national economy is expressed by the…

  1. volume of national investments into national economy
  2. value of the import quota
  3. number of employees employed in export production
  4. labor productivity in export-oriented enterprises
Вопрос 7

The global dominance of international corporations is based on …

  1. direct investments
  2. portfolio investments
  3. loan capital
  4. borrowed capital
Вопрос 8

This international organization was established in order to promote private foreign investment and provide funds for production in developing countries …

  1. International Bank for Reconstruction and Development
  2. International Finance Corporation
  3. International Development Association
  4. International Monetary Fund
Вопрос 9

The system of economic relations and connections among various countries‘ national economies is …

  1. global market
  2. world economy
  3. international economy
  4. international economic relations
Вопрос 10

Over the past 10 years, the share of … in the commodity structure of international trade has increased

  1. fuels and raw materials
  2. equipment and vehicles
  3. vehicles
  4. agricultural production
Вопрос 11

The foreign trade turnover of a country is …

  1. a country’s total exports except for humanitarian supplies and aid
  2. the sum of exports and imports
  3. the total export value
  4. the total export value except for duty-free goods
Вопрос 12

The restriction on imports or exports of specific goods, including weapons, scientific and technical information is called…

  1. dumping
  2. licensing
  3. embargo
  4. quotas
Вопрос 13

If a country imposes new customs duties on imported cars, this an example of … policy

  1. liberalization
  2. protectionist
  3. monetarism
  4. expansionism
Вопрос 14

The employment of immigrants is conditioned by …

  1. unemployment in the recipient country
  2. the desire to use cheaper and unskilled labor in certain niches of labor markets
  3. the desire to benefit from qualified labor
  4. a country’s international obligations
Вопрос 15

The most favored nation treatment is …

  1. a national regime of foreign trade
  2. a preferential treatment of foreign trade
  3. is a trade agreement, which serves as the cornerstone of bilateral economic and trade relations of countries applied to third countries
  4. is a treaty, where countries impose special duties on each other
Вопрос 16

To insure mutual interests of the host country and the foreign investor, the national investment legislation provides for the provision of foreign legal entities and individuals with …

  1. preferential terms and guarantees
  2. international investment legal acts and conditions
  3. national treatment of the host country
  4. less favorable conditions in comparison to domestic investors in order o protect interests of national enterprises
Вопрос 17

The North American Free Trade Agreement (NAFTA) includes …

  1. USA, Canada, Peru
  2. USA, Canada, Mexico
  3. Canada, Mexico, Venezuela, Honduras
  4. USA, Canada, Mexico, Venezuela
Вопрос 18

The General Agreement on Tariffs and Trade (GATT) was transformed into the World Trade Organization (WTO) in …

  1. 1955
  2. 1985
  3. 1995
  4. 2005
Вопрос 19

A criterion used to group a country in terms of social and economic development is …

  1. military and industrial development
  2. volume of gross domestic product
  3. volume of gross national income
  4. GDP per capita
Вопрос 20

Free economic zones are most widespread in …

  1. developed countries
  2. developing countries
  3. countries with transition economies
  4. equally in developing countries and countries with transition economies
Вопрос 21

The tariff trade regulation methods include …

  1. customs duties
  2. import and export quotas
  3. technical standards
  4. state export loans
Вопрос 22

Transnational and multinational companies are distinguished by …

  1. sale of goods in foreign countries
  2. production of goods in foreign countries
  3. marketing research in foreign countries
  4. employment of multinational workers
Вопрос 23

The process of outflow of a part of capital from a country’s national trade volume and its flow into production process in form of goods or money is …

  1. migration of capital
  2. foreign investment
  3. flight of capital
  4. international capital movement
Вопрос 24

The growing labor migration leads to the fact that the host country ends up by…

  1. producing less capital-intensive goods and producing more labor-intensive goods
  2. producing more capital-intensive goods and less labor-intensive goods
  3. producing more goods of both types
  4. producing less goods of both types
Вопрос 25

The ratio between two currencies determined by law is …

  1. exchange rate
  2. monetary parity
  3. gold parity
  4. currency parity
Вопрос 26

If there is a growing interest rate and no foreign exchange in a country, then other things being equal, the exchange rate of the local currency is …

  1. decreasing
  2. increasing
  3. not changing
Вопрос 27

Portfolio investments are carried out in form of transfer of …

  1. capital in cash
  2. technologies
  3. skilled workers
  4. markets
Вопрос 28

In modern economy, the main instrument to stimulate exports is …

  1. export licensing
  2. state export crediting
  3. abolition of export taxes
  4. direct export subsidies
Вопрос 29

The currency devaluation means …

  1. official raising of the value of a country’s currency with respect to a foreign currency within a fixed exchange rate system
  2. official lowering of the value of a country’s currency with respect to a foreign currency within a fixed exchange rate system
  3. transition to partial convertibility of national currency
Вопрос 30

The depreciation of national currency …

  1. positively affects export activity
  2. negatively affects export activity
  3. positively affects importers‘ interests
  4. negatively affects importers‘ interests
Вопрос 31

The floating exchange rate system was legalized by …

  1. the gold standard system
  2. the Bretton-Woods monetary system
  3. the Jamaican monetary system
  4. the Genoese monetary system
Вопрос 32

According to …, national production differences are determined by different endowments of production factors, such as labor, land, capital, as well as by internal need for certain goods

  1. P. Krugman’s trade theory of consumer preferences
  2. Leontief’s paradox theory
  3. E. Heckscher and B. Ohlin‘s factor-price equalization theorem
  4. A. Smith’s absolute advantage theory
Вопрос 33

A customs duty calculated as a percentage of a good’s customs value is called …

  1. specific
  2. combined
  3. ad valorem
  4. alternative
Вопрос 34

The difference between the import quota and the import tariff is that …

  1. the government does not receive any income by imposing import quotas
  2. the import quota raises domestic prices on imported
  3. the quota limits domestic demand for goods
  4. the quota provides protection to domestic producers
Вопрос 35

According to …, the price of exchange is determined by the law of demand and supply, that the exports of each country must exactly pay for the imports, meaning the aggregate exports and imports

  1. A. Smith’s absolute advantage theory
  2. J. Mill’s theory of international value
  3. D. Ricardo’s relative advantage theory
  4. E. Heckscher and B. Ohlin’s theory of factors of production
Вопрос 36

The current trends in capital exports are …

  1. to reduce direct and portfolio investment in general
  2. to reduce direct investment and to increase portfolio investment
  3. to increase direct investment and to reduce portfolio investment
  4. to increase direct and portfolio investment to the same extent
Вопрос 37

The real exchange rate is …

  1. an exchange rate adopted in foreign trade
  2. a projected exchange rate of the central bankа
  3. an exchange rate determined by the central bank
  4. the nominal exchange rate recalculated based on price dynamics in the corresponding country and in the country of reference currency
Вопрос 38

The terms of trade indicator means …

  1. the difference between exports and imports
  2. the ratio between exports and imports
  3. the ratio between export and import price indices
  4. the ration of prices for industrial and agricultural production
Вопрос 39

To ensure an intensive inflow of foreign investments into a country …

  1. it is sufficient to provide a foreign investor with a national investment regime
  2. it is sufficient to provide a standard (minimum) set of international investment rules
  3. it is necessary to provide additional benefits and privileges
  4. it is necessary to introduce customs restrictions
Вопрос 40

The non-tariff trade regulation measures include …

  1. technical standards
  2. transit fees
  3. value added taxes
  4. export duties
Вопрос 41

The main argument in favor of free trade is that …

  1. customs duties and other protectionist restrictions reduce stimuli for national production development due to low competition
  2. customs duties are an important source of revenue for federal budget
  3. customs duties and other protectionist restrictions prevent growing unemployment in the country, which introduces them
Вопрос 42

The money used in international economic relations becomes …

  1. foreign exchange bill
  2. foreign currency
  3. loan proceeds
  4. savings
Вопрос 43

In modern economy, the foreign exchange rate is based on the…

  1. gold parity
  2. currency parity
  3. monetary parity
  4. Central Bank’s policy
Вопрос 44

According to …, if there are homogeneous factors of production, identical technology, perfect competition and perfectly mobile goods, production prices between countries are equal

  1. the factors of production theory
  2. Heckscher-Ohlin-Samuelson theorem
  3. Leontief’s paradox theory
  4. D. Ricardo’s relative advantage theory
Вопрос 45

The foreign trade balance is …

  1. the difference between exports and imports
  2. the excess of exports over imports
  3. the national income minus imports
  4. the sum of exports and imports
Вопрос 46

The systematic classification of goods subject to customs duties including their customs value is …

  1. a type of customs tariff
  2. customs duties
  3. customs tariff
  4. tariff foreign trade regulation measures
Вопрос 47

The subsidiaries are companies, in which a direct investor (a non-resident) owns … capital

  1. less than 10 %, but more than 3 %
  2. more than 50 %, but less than 100 %
  3. less than 3 %, but more than 0 %
  4. more than 5%, but less than 50 %
Вопрос 48

A country’s quota to the IMF capital …

  1. is the same for all members
  2. depends on a country’s economy
  3. is determined based on a country’s gold reserves
  4. is determined as a result of negotiations with a country, wishing to join the IMF
Вопрос 49

The free trade zone comprises areas of a country, …

  1. where tax legislation does not apply
  2. where any type of economic activity is allowed
  3. not subject to the state customs regime
  4. where public works are carried out on a large scale
  5. specially designed for foreign direct investments
Вопрос 50

The purpose of preferential tariffs is …

  1. to normalize prices
  2. to create favorable trade conditions in respect of any commodity or a country
  3. to response to export subsidies in other countries
  4. to response to the partner’s economic activities
Вопрос 51

The main factor currently leading to growth in international trade is …

  1. strengthening of international economic integration
  2. transition to a single European currency
  3. increasing number of countries, which use dollars to conduct business transactions
  4. introduction of the euro currency
Вопрос 52

In case if tariffs are lowered …

  1. exporting industries may resort to job cuts or lower labor compensation
  2. import prices usually grow
  3. the living standards within a country decline
  4. industries protected by protectionist measures may cut jobs and reduce wages
Вопрос 53

The currency revaluation means …

  1. official raising of the value of a country’s currency with respect to a foreign currency within a fixed exchange rate
  2. official lowering of the value of a country’s currency with respect to a foreign currency within a fixed exchange rate
  3. transition to partial convertibility of national currency
Вопрос 54

It is not true that the UN system comprises …

  1. the International Labor Organization
  2. the IMF
  3. the International Chamber of Commerce
  4. the World Bank
Вопрос 55

The volume of trade in … is dynamically growing in the commodity structure of global trade

  1. extractive industry
  2. agriculture
  3. manufacturing
  4. food industry
Вопрос 56

If a certain number of units of a foreign currency is expressed as equivalent to a certain amount of domestic currency, this is a…

  1. direct quotation
  2. reverse quotation
  3. cross-rate