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Questions in economics

[Sagot para sa’yo] How did World War II influence the development of international trade organizations like GATT and WTO?

[Sagot para sa’yo] What is a downside of command economies? A. Overproduction of goods B. Too many choices C. Lack of innovation and individual motivation D. High private property rights

[Sagot para sa’yo] Ano ang kakapusan (scarcity) sa ekonomiya at paano ito naaapektuhan ang ating buhay?

[Sagot para sa’yo] Ano ang ibig sabihin ng ekonomiks (economics)?

[Sagot para sa’yo] What are the major criticisms against international trade, especially from labor and environmental groups?

[Sagot para sa’yo] What makes a country like Bangladesh better suited to produce T-shirts than the U.S.?

[Sagot para sa’yo] Why do economists assume that people behave rationally and in their self-interest? Do you agree with this?

[Sagot para sa’yo] What type of economy does the U.S. follow? A. Pure command economy B. Pure market economy C. Hybrid with capitalist foundations D. Traditional economy

[Sagot para sa’yo] Ano ang kapital sa ekonomiks at paano ito naiiba sa pera?

[Sagot para sa’yo] Describe how tariffs can help and hurt a local economy. Use a Philippine example.