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Q 1/29
Score 0
A country has a favourable balance of trade when
30
there are no restrictions to trade
it imports more than it exports
imported goods are cheaper
It exports more than it imports
Q 2/29
Score 0
A company wishes to introduce a new breakfast cereal aimed particularly at small children. Which techniques of advertising are LIKELY to make the children ask their parents to buy the cereal (see attached image) ?
30
I, III and IV only
III, IV and II only
I, II and III only
IV, II and I only
29 questions
Q.
A country has a favourable balance of trade when
1
30 sec
Q.
A company wishes to introduce a new breakfast cereal aimed particularly at small children. Which techniques of advertising are LIKELY to make the children ask their parents to buy the cereal (see attached image) ?
2
30 sec
Q.
Which of the following activities carried out in a firm will NOT be under the supervision of the marketing manager?
3
30 sec
Q.
Which of the following is an example of a cottage industry?
4
30 sec
Q.
Which of the following is responsible for 'breaking bulk'?
5
30 sec
Q.
Before the exporter B sent goods to importer A he insured the consignment and paid the captain of the vessel the charge for carriage. Goods were shipped
6
30 sec
Q.
If an exporter quotes prices CIF, it means that the
7
30 sec
Q.
If you were not sure of a customer's ability to pay for an order by which of the following means would you request payment (see attached image above) ?
8
30 sec
Q.
(See the attached image above) The document above may be described as
9
30 sec
Q.
(See the attached image above) Mr. Fray, in the document is referred to as the
10
30 sec
Q.
Tom invests his savings by buying shares in a company. From this investment Tom expects to receive
11
30 sec
Q.
A court order requiring an employer to deduct money from an employee for payment of his debts is known as
12
30 sec
Q.
Which of the following types of insurance is a government likely to require each employed individual to pay?
13
30 sec
Q.
Which of the following is the MOST important use of collateral security to the borrower?
14
30 sec
Q.
Tax paid on wages and salaries
15
30 sec
Q.
Tax paid by companies
16
30 sec
Q.
Tax paid on goods entering the country
17
30 sec
Q.
(see the attached image above) What percentage of tax is paid by Loleen if she sells a building for a profit of $1.5m?
18
30 sec
Q.
Using the information from the diagram above (see attached image above), which of the following statements can be deduced?
19
30 sec
Q.
Price is unaffected by the behaviour of the individual buyer or seller and is established for the entire industry
20
30 sec
Q.
The price allows the firm abnormal profits though its marginal cost equals its marginal revenue
21
30 sec
Q.
Price equals the firm's average cost, marginal cost and marginal revenue
22
30 sec
Q.
If a Caribbean country should devalue its currency, it is MOST likely that
23
30 sec
Q.
Which of the following practices would NOT contribute to the economic development and growth of a community
24
30 sec
Q.
Which of the following is the distinguishing characteristic of a low standard of living?
25
30 sec
Q.
Most English speaking Caribbean territories are members of all the following organizations EXCEPT
26
30 sec
Q.
(see image attached above) What is the movement downwards along the curve known as?
27
30 sec
Q.
Which of the following is a disadvantage of nationalization?
28
30 sec
Q.
Which of the following are MAJOR economic problems facing many Caribbean countries today (see image attached above)?
