Practice International Trade Questions and Answers

• The National Rural Livelihood Mission, a measure adopted by the Government to alleviate poverty, is also known as________.
• Which of the statement is TRUE considering the Central problems of an economy?
• In 1991, under the external sector reforms. Indian rupee______.
• National Sample Survey Organization (NSSO) provides estimates of magnitude of unemployment on the basis of different concepts. Which of the following is su...
• Balance of Trade is measured as:
• During the first stage of a total product curve, the total product is
• Which of the following pairs of goods is/are likely to have a positive cross price elasticity of demand? (1) Cars and Petrol (2) Tea and Coffee (3) Rice...
• Which of the following is NOT a correct statement in the context of National income?
• The foreign capital investment in India on the eve of independence concentrated on the following sectors of the economy (i) railways (ii) tea and coffee ...
• Which of the following is/are included while calculating the national income using the income method? (1) Wages and salaries in cash (2) Employers' contr...
• For the growth of the Indian economy, which among the following should NOT be encouraged?
• Which of the following statements is/are true? (1) Outsourcing of services is an outcome of globalisation. (2) Privatisation implies supremacy of social ...
• An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
• Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope est...
• In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This impli...
• In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
• Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correlation b...
• GDPf = Gross Domestic Product at Factor Cost; GDPm = Gross Domestic Product at Market Price; NNPf = Net National Product at Factor Cost; C = Consumption; I...
• An analyst has data on wages for 100 individuals. The arithmetic mean of the log of wages is the same as:
• Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope est...
• In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This impli...
• In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
• Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correlati...
• GDPf = Gross Domestic Product at Factor Cost; GDPm = Gross Domestic Product at Market Price; NNPf = Net National Product at Factor Cost; C = Consumption; I...