The principle that if one factor of production is fixed and constant addition of other factors are combined with it, the marginal productivity of variable factors will eventually decline ?

A. Marginal returns
B. Diminishing returns
C. Both
D. None

The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?

A. Partial substitution
B. Currency substitution
C. Currency devaluation
D. None

Changing the term of existing loan________________?

A. Debt repudiation
B. Debt renegotiation
C. Debt transformation
D. All

The gradual decline over time in the value or price of one currency in terms of another as a result of market forces of supply and demand ?

A. Depreciation
B. Downsizing
C. Rightsizing
D. All

he yearly number of children born alive per 1,000 women within a chil bearing age bracket?

Ta. crude birth rate
B. Birth rate
C. Fertility rate
D. Expectancy rate

International resources shared by all countries e.g ocean, air etc?

A. Global environment facility
B. Global commons
C. Global reserves
D. None

Situation in which govt. intervention in an economy worsens outcomes__________________?

A. Govt. failure
B. Market perfection
C. Govt. inefficiency
D. None

Proportion of school aged children who don’t complete a particular school cycle ?

A. Iiiiteracy rate
B. Dropout rate
C. Children un education rate
D. All

A barrier to the attainment of a set target in a particular period of time?

A. Economic inefficient
B. Economic integration
C. Economic constraint
D. None

All international changes in ownership of merchandise passing across the customs borders of trading countries?

A. Merchandise trade balance
B. International trade laws
C. Trade barriers
D. Merchandise imports and exports