These Trade Marketing multiple-choice questions and their answers will help you strengthen your grip on the subject of Trade Marketing. You can prepare for an upcoming exam or job interview with these Trade Marketing MCQs.
So scroll down and start answering.
A. Liberalized Trade
B. Liberalized Capital Flows
C. A floating exchange rate
D. All of the above
A. Banking and Financial Services
B. Manufacturing
C. Tourism
D. Schools and Universities.
A. Export promotion
B. Export-led growth
C. Trade liberalization
D. WTO guidelines
A. In 1988 in the Netherlands, with coffee from Mexico
B. In 1988 in the US with coffee from Colombia
C. In 1999 in the Netherlands with coffee from Mexico.
D. None of the above.
A. Interest
B. Principal
C. Principle
D. Rate
A. Free trade area
B. Custom union
C. Common market
D. Political union
A. Tariffs
B. Quotas
C. Duties
D. Barriers
A. 1
B. 2
C. 3
D. 4
A. Interdependence
B. Independence
C. Over-specialization
D. Trade diversion
A. The rate of tariffs on goods rises the more the goods are bought by consumers
B. The rate of tariffs on goods rises the more the goods are processed
C. The rate of tariffs on goods rises when dumping can be proved by the WTO
D. The rate of tariffs on goods rises in accordance with the supply / demand for the good.
A. Textile markets
B. Agriculture markets
C. Mineral-resource markets
D. Foreign exchange markets
A. Produce goods domestically rather than import them.
B. Import more essential goods to satisfy domestic demand but export goods where the country has a comparative advantage.
C. Produces goods domestically and export all these goods to the world.
D. Import about the same volume of exports.
A. Labor intensive
B. Low skilled manufacturing
C. Not dependent on large investments in capital equipment.
D. All of the above
A. Provides subsidies to domestic industries and implements tariffs against imports.
B. Removes barriers to free trade, but maintains subsidies to local industries
C. Provides subsidies to domestic industries, but exports more to the developed world.
D. None of the above.
A. Welcome the decision and attempt to increase trade with this country
B. Implements similar policies, while trying to encourage more trade.
C. Takes retaliatory measures, involving more protectionist policies.
D. Adopts the counter-argument and implement less protectionist measures Correct