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Economics Mcqs

International trade in goods and services is sometimes used as a substitute for all of the following except ?

Economics Mcqs, The International Economy And Globalization /
International trade in goods and services is sometimes used as a substitute for all of the following except ?

A. International movements of capital
B. International movements of labor
C. International movements of technology
D. Domestic production of different goods and services

International trade in goods and services is sometimes used as a substitute for all of the following except ? Read More »

Economics Mcqs, The International Economy And Globalization

A primary reason why nations conduct international trade is because ?

Economics Mcqs, The International Economy And Globalization /
A primary reason why nations conduct international trade is because ?

A. Some nations prefer to produce one thing while others produce another
B. Resources are not equally distributed to all trading nations
C. Trade enhances opportunities to accumulate profits
D. interest rates are not identical in all trading nations

A primary reason why nations conduct international trade is because ? Read More »

Economics Mcqs, The International Economy And Globalization

The Physical Quality of Life Index (PQLI) combines three indicators They are ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
The Physical Quality of Life Index (PQLI) combines three indicators They are ?

A. infant mortality life expectancy and adult literacy rate
B. crime rate clean environment and quality of housing
C. air pollution rate, Water pollution rate and sanitation
D. health education and environment

The Physical Quality of Life Index (PQLI) combines three indicators They are ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development

The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?

A. both exchange rates are measured s the domestic currency price of the US-dollar
B. both exchange rates are not converted into international dollars
C. both exchange rate are pegged
D. both exchange rate are converted into Big Mac PPP formula

The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development

One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?

A. NIC, OPEC and G7
B. Low income , middle income and high income
C. Southeast Northeast and Southwest
D. Asia, America and Europe

One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development