Introduction to International Economy

Which one of the following principles is employed in production when resources are scarce?

Rent theory of profit was given by _____.

Which of the following is TRUE about 'Single Euro Payment Area', a concept very much in the news these days?
(A) It is a concept floated by the European Union.
(B) It aims to create an integrated market for payment services in Euro.
(C) It is a contract to convert all US dollar payments into Euro, which is a currency almost free from fluctuations in its value.

Which of the following statement is correct regarding the Antonio Serra theory of mercantilism?

A. Antonio Serra gave this theory.

B. A country's wealth could best be judged by the number of precious metals.

C. Antonio Serra was an Italian economist.

Which country is the largest market for Indian Seafood Products?

Which of the following involves the study of effects of trade on prices of goods and services and rate of economic growth?

Which of the following statement is correct about the theory of absolute advantage?

A. Adam Smith first described the principle of absolute advantage.

B. It refers to the ability of an individual, or firm, or country to produce a good or service more efficiently than its competitors.

C. The principle of absolute advantage is in the context of international trade.

Who among the following is the father of monetary economics?

Which of the following statement is correct regarding Descriptive International Economics?

A. Transactions take place between countries.

B. It studies issues related to international flow of goods and services.

C. It covers the study of various international economic institutions, such as IMF.

Which of the following institution(s) was/were formed as a result of the Bretton Woods Conference?

The trade agreements in the past played a significant role to monitor or decide the trade rules among various countries and significantly changed the International economics. Which of the following statement is incorrect regarding trade agreements?

 Pure Theory of International Economics is a part of ______.

Which of the following study flows of money across countries and the resulting effects on their economies as a whole?

Participatory notes(P-notes) are financial instruments issued by:

_____ is the famous agreement that established the World Trade Organization.

With respect to share market, 'Bear' denotes:

Which of the following statement regarding Mercantilism is incorrect?

Which among the following company is Indian credit rating agency?

Which of the following statement(s) regarding International economic theories/policies is/are correct?

$1.$ Mercantilism is an economic policy that is designed to maximise exports and minimise imports for an economy.

$2.$ The "Theory of Comparative Advantage", an essential theory for International trade is associated with David Ricardo.

$3.$ Robert Baldwin Paradox is a contradictory theory to the Heckscher–Ohlin theory.

Which of the following statements is/are correct?

($1$) Nifty is the stock exchange index that comprises of $50$ stocks.

($2$) The first $30$ stocks are the same in both Sensex and Nifty.

($3$) Nifty is older than Sensex.