Restriction on import or export of specified or all goods with a foreign nation by the Government is called ?

A. embargo
B. contraband
C. ban
D. restriction

What is meant by excise?

A. a tax levied on certain articles produced and consumed in a country
B. a licensing charge or a fee levied for certain privileges
C. both of them
D. none of them

Which kind of Tax is Federal subject ?

A. excise tax
B. property tax
C. zakat
D. general sales tax

What is Debt Service ?

A. interest payments on external debts
B. repayments of external debt
C. none of these
D. both of them

What is called the reduction in the rate of a currency

A. devolution
B. devaluation
C. price cap
D. cut-rate

A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle?

A. relative advantage
B. complete advantage
C. comparative edge
D. comparative advantage

What are called goods that satisfy human wants through their direct use ?

A. cash goods
B. consumer items
C. consumer goods
D. cash items

Term the sole legal right to print or publish anything that belongs to the author ?

A. property right
B. sole right
C. copyright
D. rights

Which country is the chief exporter of Tin ?

A. malaysia
B. china
C. russia
D. usa

Barter is the trade of goods or services with ?

A. free exchange of money
B. exchange of services
C. exchange of goods and services
D. none of them