Aof Panel

Soru 1

What is the rise in the value of one currency in terms of another currency in the flexible exchange rate system?

Soru 2

What are the real investments made directly to the firms, capital commodities and land. In foreign direct investments, the control on the investment is in the hands of the investor?

Soru 3

I. taxes

II. open market operations

III. devaluations

IV. trade restrictions

Which of the items given above are the right instruments for expenditure-switching policies?

Soru 4

The terms of trade of a country are given by the ratio of the price index of its (1)........... to the price index of its (2)........... The ratio is usually multiplied by hundred in order to express the terms of trade in percentages.

Which one of the followings should be substituted into the blanks given above?

Soru 5

Sunland

Lakeland

Corn(kg/hr)

12

4

Wheel(item/hr)

21

…….

Let’s assume that Sunland has an absolute advantage in both corn and wheel and according to comparative advantage approach, Sunland has comparative advantage in corn and Lakeland has comparative advantage in wheel.

To make the statement above correct, which of the followings should be written into the blank box?

Soru 6

Which of the followings is a(n) example of non-tariff restrictions imposed in the national economy?

Soru 7

Suppose that the USA is our domestic country while the UK is the foreign:

$ 1 = £ 0.6 → in 2015,

$ 1 = £ 0.7 → in 2016,

Consumer price inflation (2016) in USA → 5%

Consumer price inflation (2016) in UK → 3%

Using the data above, calculate the real exchange rate in 2016?

Soru 8

Which of the following is false according to the table above?

Soru 9

Which of the following is one of the expenditure switching policies?

Soru 10

Which of the following refers to autarky?

Soru 11

Suppose that rental price of capital to the price of labor time is lower in Country A than in Country B. On the other hand, the ratio of the price of labor time to the rental price of capital is lower in Country B than in Country A. Which of the following is true in this case?

Soru 12

What is the tax or duty leived on traded commodities as they cross the national boundry?

Soru 13

I. Depreciation

II. Appreciation

III. Devaluation

Which of the above listed changes could be seen in the fixed foreign Exchange rate regime?

Soru 14

Which of the following is the summary statement of all economic transactions made by a foreign currency?

Soru 15

Which of the following non-tariff restrictions can be considered as 'behind-the border restrictions'?

Soru 16

Suppose that the free trade price of a commodity is 10 TL. Government imposes the import tariff that increases domesic price from 10 TL to 18 TL. Suppose that after imposing the import tariff, the domestic producers increase their production from 3 tons to 7 tons. Nevertheless, the domestic consumers decrease their consumption from 21 tons to 15 tons because of the domestic price increase. Which of the following is equal to the tariff revenue in this case?

Soru 17

Which of the following refers to real investments made directly to the firms, capital commodities and land?

Soru 18

The CPF(consumption possibilities frontier)of a country is at an ........ level than its PPF(production possibilities frontier) with international trade.

Soru 19

The terms of trade (TOT) of a country are given by the ratio of the price index of its ...... to the price index of its .......

Soru 20

Why the theory of absolute advantage and the theory of comparative advantage are criticized?

İKTİSADA GİRİŞ II - Deneme Sınavı - 5