What is called the overall study of aspects and working of a national economy ?
A. Macroeconomics
B. Gross economics
C. Mega economics
D. Micro economics
What is called the market in which forces of demand and supply are not in the control of government ?
A. Market Economy
B. Free Market
C. Both of them
D. None of them
Monoculture is ?
A. Farming practice of growing a single crop
B. Homogeneous Nations
C. Homogeneous market
D. Homogeneous business
A company or corporation which was subsidiaries, investments or operation in more than one country is known as ?
A. Multinational corporation
B. Multinational company
C. Both of them
D. None of them
Which term is used for the total net value of all goods and services produced in a country in specified period of time ?
A. National income
B. Public income
C. Local income
D. Gross income
How is termed equal rights of trade of trade without giving monopolies or preferences to an individual country ?
A. Open door market
B. Open door country
C. Open sky market
D. Free economy
How is termed a written promise to pay back a specified sum of money at a stated time or on demand ?
A. Promissory Note (PN)
B. Note of hand
C. Both of them
D. None of them
What is called the advocacy of protecting domestic producers by impeding or limiting the importation of foreign goods and services ?
A. Domestication
B. Protectionism
C. Localization
D. National interest
What is comprised by public sector ?
A. Public corporations
B. Central and local government.
C. Nationalized industries
D. All of them
Which term is used for a country’s holdings of intentionally acceptable means of payment ?
A. Holdings
B. Reserves
C. Foreign currency
D. Treasure
