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ECS3702 ASSESSMENT 1 SEMESTER 1 2024
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ECS3702 ASSESSMENT 1 SEMESTER 1 2024
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ECS3702 ASSESSMENT 1 SEMESTER 1 2024 International Trade - ECS3702
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BMZ ACADEMYIMPORTANT NOTES TO CONSIDER
THIS IS ONLY A FRAMEWORK, NO ONE SHOULD SUBMIT IT FOR FINAL
ASSESSMENT.
STUDENTS SHOULD MAKE THEIR OWN ASSIGNMENTS, BUT KEEP IN MIND
THE RULES OF THIS ASSESSMENT
AS A TIP, IF YOU FIND THIS GUIDE USEFUL, YOU CAN PROCEED MAKING
YOUR OWN ASSIGNMENT.
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,4/4/24, 5:46 PM Assessment 1 (page 1 of 6)
ECS3702-24-S1 Welcome Message Assessment 1
QUIZ
Question 1
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Use the figure on the output and effects of international capital flow between Eswatini and Lesotho below to answer the
question that follows:
Of the total product due to domestic investment before the transfer of international capital, the amount that goes to the
owners of land and labour in Lesotho is given by area
a. FCM
b. KLS
c. 0*CMU
d. 0*FMU
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=16902726&cmid=867790 1/7
,4/4/24, 5:46 PM Assessment 1 (page 1 of 6)
Question 2
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Marked out of 1.00
Use the figure below to answer the question that follows:
Which of the following is correct?
a. Point A and point C provides an equal satisfaction for Country B.
b. Point D and point C provides a different satisfaction for Country A.
c. Point A and point B provides a different satisfaction for Country B.
d. Point A and point B provides an equal satisfaction for Country A.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=16902726&cmid=867790 2/7
, 4/4/24, 5:46 PM Assessment 1 (page 1 of 6)
Question 3
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Marked out of 1.00
Use the figure on the effects of a customs union between South Africa and Nigeria below to answer the question that follows:
South Africa’s total welfare gains from trade creation custom union is given by area
a. bhn and aGEf
b. zmj and bhn
c. zmj and akjn
d. aGEf
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=16902726&cmid=867790 3/7
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