Trading blocs questions

Beschreibung

Quiz am Trading blocs questions, erstellt von Hannah Nad am 18/01/2017.
Hannah Nad
Quiz von Hannah Nad, aktualisiert more than 1 year ago
Hannah Nad
Erstellt von Hannah Nad vor mehr als 7 Jahre
334
0

Zusammenfassung der Ressource

Frage 1

Frage
In a free trade area there is....
Antworten
  • No internal trade barriers
  • A common external tariff
  • Factor and asset mobility
  • Common currency
  • Common economic policy

Frage 2

Frage
In a single market there is...
Antworten
  • No internal trade barriers
  • A common external tariff
  • Factor and asset mobility
  • Common currency
  • Common economic policy

Frage 3

Frage
What is present in a single market but not a customs union?
Antworten
  • Factor asset mobility
  • Common external tariff
  • Common economic policy

Frage 4

Frage
Poorer countries that are members of the EU, such as Romania and Bulgaria, pay less into the EU budget compared to countries with a higher level of GDP (e.g. France and Germany)
Antworten
  • True
  • False

Frage 5

Frage
The ASEAN (Association of South-East Asian Nations) is an example of an example of a single market
Antworten
  • True
  • False

Frage 6

Frage
Which of these is NOT one of the four key-freedoms of the EU?
Antworten
  • Free trade in goods
  • Mobility of labour
  • Free movement of capital
  • Free trade in services
  • Identical product standards

Frage 7

Frage
Which one of these are NOT a convergence criteria to join the euro
Antworten
  • Relatively similar inflation rates (+/- 1.5 than current members)
  • Relative stable exchange rate
  • Sound government finances (not more than 60% of GDP, 3% of annual GDP)
  • Interest rate convergence (not more than 2% higher than members)
  • Trend growth of GDP (no more than a 5% difference in GDP)
Zusammenfassung anzeigen Zusammenfassung ausblenden

ähnlicher Inhalt

Introduction to AS Microeconomics
Hannah Nad
International Division of Labour and Trade
Misch Heerr
Protection
Thomas Woolley
Trading Blocs - Flashcards
007856-Gemma Erskine
Theme 1 Economics A level
Shira A
F585 Definitions Extract 1
Milikani Moyo
Developing and emerging economies
Hannah Nad
F585 Definitons Extract 3 & 4
Milikani Moyo
F585 Definitions Extract 2 (& a bit of 3)
Milikani Moyo
Types Of Unemployment
Zoe WATKINS
Types Of Unemployment
Andrew Kang