Economics Mcqs

Which of the following colonial policy contribute further to today’s agricultural underdevelopment in Africa ?

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Which of the following colonial policy contribute further to today’s agricultural underdevelopment in Africa ?

I. Colonial governments compelled farmers to grow selected crops
II. Colonialism often changed traditional land tenure systems from individual control to communal
III. Colonialists failed to train African agricultural scientists and managers
IV. Research and development concentrated on food production and small farmers and herders.
A. I and II only
B. I and III only
C. III and IV only
D. II and III only

Which index combines measures of calorie availability (in relation to requirement) the growth of per capita daily energy supply food production food staples self-sufficiency, and variability of food production and consumption ?

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Which index combines measures of calorie availability (in relation to requirement) the growth of per capita daily energy supply food production food staples self-sufficiency, and variability of food production and consumption ?

A. food sufficiency index
B. food security index
C. food self-intake index
D. food growth index

Which of the following is not a major factor raising LDC agricultural labor productivity ?

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Which of the following is not a major factor raising LDC agricultural labor productivity ?

A. new biological chemical mechanical inputs in production
B. new technical and organizational knowledge from greater specialization
C. expanded markets for agricultural output
D. massive government intervention

Which scholar argues the following Plantations have no significant advantage over peasants [for] crops for which centralized processing and marketing are not necessary Cocoa and coconuts are typical examples of a lack of large scale economies Peasants can grow and process these crops in small lots with no large capital requirement beyond small indigenous tools and facilities ?

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Which scholar argues the following Plantations have no significant advantage over peasants [for] crops for which centralized processing and marketing are not necessary Cocoa and coconuts are typical examples of a lack of large scale economies Peasants can grow and process these crops in small lots with no large capital requirement beyond small indigenous tools and facilities ?

A. Yujiro Hayami
B. Raanan Weitz
C. Hans Singer
D. Tim Dyson

By adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?

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By adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?

A. The prices of trade goods to be lower than when there are no transportation costs
B. specialization to stop when the production costs of the trading partners equalize
C. The volume of trade to be less than when there are no transportation costs
D. The gains from trade to be greater than when there are no transportation costs

Advocates of industrial policy maintain that government should ?

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Advocates of industrial policy maintain that government should ?

A. pursue free trade as a policy that leads to maximum global efficiency
B. grant subsidies to firms offering potential comparative advantage
C. provide loans to domestic workers in exporting industries
D. increase interest rates on loans made to firms in import-competing industries