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Monday, 29 June 2026
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Economics Past Questions and Answers

Economics Questions

Question 4731:
OPEC mainly coordinates:
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  • A Petroleum policies
  • B Agricultural policies
  • C Tourism activities
  • D Population policies
View Answer & Explanation
Question 4732:
A favorable balance of payments occurs when:
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  • A Receipts exceed payments
  • B Capital leaves country
  • C Debts exceed reserves
  • D Imports exceed exports
View Answer & Explanation
Question 4733:
Import duties are also called:
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  • A Royalties
  • B Dividends
  • C Subsidies
  • D Tariffs
View Answer & Explanation
Question 4734:
Free trade encourages:
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  • A Import prohibition
  • B International specialization
  • C Export reduction
  • D Economic isolation
View Answer & Explanation
Question 4735:
A public corporation is mainly owned by:
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  • A Government
  • B Retailers
  • C Shareholders
  • D Cooperatives
View Answer & Explanation

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