1. In the Philippines, A Person is officially living in poverty if he makes around.
A. Php 350.00 a day
B. Php 275.000 a day
C. Php 500.00 a day
D. Php 700.00 a day
2. It refers to the increasing interdependence of the world economies as a result of the cross border trade of commodities and services, flow of international capital etc.
A. Protectionism B. Trade Liberalization
3. It is required fees for on import or export.
A. Entrance fees
B. Tariff
C. Qouta
C. Economic Globalization
D. Trade fees
growing scale of
D. Trade Liberalization
4. The idea that economist can skip straight to more efficient and cost effective technologies that are not
available in the past.
A Leapfrogging
B. Think before you Click
C. Laptop
D. Localization.
5. It is the Concern for the social economic and environmental well being of mariganlized small
producers
A. Trade protectionism
B. Trade Liberalization C. Fair Trade
6. It was the period that hastened economic development.
D. Domestic trade
A. People Power Revolution B. Industrial Revolution C. Green Revolution D. Religious Revolution 7. A rule that aimed at a reduction of global emissions, but failed to take off because the U.S failed to
ratify it.
A Health protocol
B. Environmental rule C. Kyoto protocol D. Tokyo protocol
8. It means an increase in one economic activity can lead to an increase in other economic activities
A. Multiplier Effect B. Domino Effect C. Side Effect D. Cause and Effect.
9. This refer to the net worth of country. It takes into account all the assets of a nation-may they be natural, physical and human-less the liabilities
A Wealth
B. Treasure
C. Income
D. Assets
10. The new earning that are constantly being added to the pile of a country's wealth.
