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Basic Economics
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Basic Economics
Shareholders of a corporation elect individuals to carry out certain tasks that are establishment in the charter. What these individuals are called ?
Board of Governor
Management
Top brass
Board of Directors
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Basic Economics
Which economics term describes the takeover of one textile manufactures by another ?
monopoly
horizontal integration
Diversification
vertical integration
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Basic Economics
If GNP of Pakistan rises. it will encourage ?
Imports
Exports
Both
None
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Basic Economics
Term a tax or duty rebate on imported goods that are exported at a later date ?
Duty
Rebut
Custom
Drawback
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Basic Economics
What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ?
Localization
Protectionism
Domestication
National interest
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Basic Economics
What is referred by cost push inflation ?
Decreased production costs drive prices down
Decreased production costs drive prices up
increased production costs drive prices down
increased production costs drive prices up
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Basic Economics
There is a decentralized market where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. Name the market ?
Open market
Over-the counter (OTC)
Grey market
Back market
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Basic Economics
What is Tarif ?
tax that government levy on exports
tax that government levy on imports
Both of them
None of them
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Basic Economics
What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ?
Complete Cycle
Business Cycle
Economic Cycle
Cycle Business
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Basic Economics
What is called a group of countries that have removed all tariffs, quotas, and export subsidies on trade among themselves ?
Free trade zone
Close-trade zone
Both of them
None of them
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