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This quiz consists of 5 multiple choice and 5 short answer questions through End of Book 4 & Book 5, Chapter 1.

Multiple Choice Questions

1. What kind of revenue remains free to a country after deducting the expense of maintaining their fixed circulating capital?
(a) Consumption revenue.
(b) Gross revenue.
(c) Production revenue.
(d) Net revenue.

2. Sugar was originally an enumerated commodity which could be exported only to which country?
(a) Spain.
(b) Jamaica.
(c) Great Britain.
(d) North America.

3. What is the second part of capital use in every growing society?
(a) Foreign commerce.
(b) Manufacturers.
(c) Agriculture.
(d) Inland commerce.

4. What year was the Bank of England allowed to enlarge its capital stock?
(a) 1698.
(b) 1697.
(c) 1695.
(d) 1696.

5. What is the common instrument of commerce and exchanges in some parts of the coast of India?
(a) Tobacco.
(b) Salt.
(c) Sugar.
(d) Shells.

Short Answer Questions

1. At the time the book was written, what commodity regulated the value of all other home-made commodities?

2. What kind of commodity must be sold quickly?

3. In all countries, what do men prefer in exchange for commodities?

4. Which country's inland navigation caused its early improvement?

5. How are the dispositions that form the difference of talents of various professions considered?

(see the answer key)

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