Question # 1

Under new GATT agreements textile trade related to Multi- Fiber Arrangement (MFA) has to be abolished within?

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5 Years

10 Years

15 Years

20 Years

ADC is an abbreviation used in the social work field and court system. what does tit stand for?

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aid to deceased children's families

aid to dependent children

aid to developing crisis plans

Which government income is included in revenue budget?

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Tax-revenue

Non tax-revenue

Both of above

None of the above

The pong diplomacy refers to the exchange of table tennis (ping-pong)players between which two countries in the early 1970:

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United States and China

United states and South Korea

United states and North Korea

China and South Korea

A governmental agency that has the abbreviation of FDA is what:

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free diet advice

Federal Drug agency

food and drug administration

federal deposit agency

In which of the following industry structures is the entry of new firms the most difficult?

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Pure monopoly

Oligopoly

Monopolistic competition

Pure competiton

Where is the headquarters of Caribbean Development bank?

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Barbados

Guyana

Trinidad

Tobago

When total revenue is increasing:

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Marginal revenue may be either positive or negative

The demand curve is relatively inelastic

marginal revenue is positive

marginal Revenue is negative

"Economics is what economics do" it has been supported by:

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Richard Jones

Comte

Gunnar Myrdal

All of the above

Which organization has been founded to act as permanent watchdog on the international trade:

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ISRD

ADS

WTO

DIMF

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