The bourgeoisie refers to ? A. the monarchy B. the central planners of the Soviet UnionC. the capitalist and middle class D. the aristocrats of wealthy nations

Perestroika in the former Soviet Union refers to ? A. total market reliance for resource allocationB. economic restructuring by Gorbachev C. intensified central planning D. None of the above

Why has the growth of the German and Japanese economies after World War|| not been repeated in LDCs ? A. low interest rates B. political instability inhibits world-wide investmentC. human capital or technical skills were lacking D. real domestic currency…

On what did the Russian Soviet development model of growth not depend ? A. diverting savings from agriculture to industry B. state assisted entrepreneurs C. state monopolized tradingD. markets for allocating resources

The 1993 World Bank study entitled The East Asian Miracle (1993) identifies eight high performing Asian economies Which of the following is not one of them ? A. Japan B. Four tigersC. Vietnam D. Thailand

Asian tigers or newly industrializing countries (NICs) of East and Southeast Asia include the following except ? A. South KoreaB. China C. Taiwan D. Singapore

How has the relative gap between GNP per capita for Western Europe and GNP per capita for African less-developed countries changed from the late nineteenth century to the present ? A. declinedB. increased C. remained the same D. cannot be…