RBI GRADE B NOV WEEKLY TEST 13
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1. What does the common slope of the community indifference curve and the production frontier at thetangency point represent?
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2. Where does equilibrium occur in a nation without trade, according to the concept?
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3. Linder's theory of overlapping demands suggests that international trade in manufactured goods will bestronger between countries with
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4. Match List I with List II.
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5. Who developed a monopolistic model for intra-industry trade based on differentiated products?
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6. Which amongst the following is not an assumption of Absolute Advantage Theory?a. Lack of Immobility for Factors of Production between countriesb. No barriers to trade for the exchange of goodsc. No trade imbalances, trade deficits or surplusesd. No economies of scale
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7. Complete Specialisation, in case of comparative advantage theory, is likely create more of.
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8. Stolper-Samuelson theorem describes the relation between
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9. If the community indifference curve is tangent to the production possibility frontier at a point inside it, it suggests:
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10. An outward shift of the community indifference curve implies:
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