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Economics Mcqs

All of the following are trade problems of developing countries except?

Economics Mcqs, Trade Policies For the Developing Nations /
All of the following are trade problems of develog countries except?

A. unstable export markets
B. improving terms of trade
C. limited access to the markets of industrial countries
D. highly elastic demand curves for their products

All of the following are trade problems of developing countries except? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

Hong Kong and South Korea are examples of developing nations that have recently pursued ________ industrialization policies?

Economics Mcqs, Trade Policies For the Developing Nations /
Hong Kong and South Korea are examples of develog nations that have recently pursued ________ industrialization policies?

A. import substitution
B. export promotion
C. commercial dumg
D. multilateral contract

Hong Kong and South Korea are examples of developing nations that have recently pursued ________ industrialization policies? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ?

Economics Mcqs, Trade Policies For the Developing Nations /
For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ?

A. balance of trade deficits
B. price inflation
C. constrained economic growth
D. improving terms of trade

For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

A widely used indicator to differentiate developed countries from developing countries is ?

Economics Mcqs, Trade Policies For the Developing Nations /
A widely used indicator to differentiate developed countries from develog countries is ?

A. international trade per capita
B. real income per capital
C. unemployment per capita
D. calories per capita

A widely used indicator to differentiate developed countries from developing countries is ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ?

Economics Mcqs, Trade Policies For the Developing Nations /
Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ?

A. sell 4 million pounds of tin
B. sell 8 million pounds of tin
C. buy 4 million pounds of tin
D. buy 8 million pounds of tin

Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

Assume that global recession causes the quantity of tin demanded to decrease by 4 million pounds at each price To maintain the price of tin at the target price you would ?

Economics Mcqs, Trade Policies For the Developing Nations /
Assume that global recession causes the quantity of tin demanded to decrease by 4 million pounds at each price To maintain the price of tin at the target price you would ?

A. sell 4 million pounds of tin
B. sell 8 million pounds of tin
C. buy 4 million pounds of tin
D. buy 8 million pounds of tin

Assume that global recession causes the quantity of tin demanded to decrease by 4 million pounds at each price To maintain the price of tin at the target price you would ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

Assume That the firms operate as purely competitive sellers (a purely competitive industry) In the long run, equilibrium price equals _________ quantity equals _________ and profits total _________?

Economics Mcqs, Trade Policies For the Developing Nations /
Assume That the firms operate as purely competitive sellers (a purely competitive industry) In the long run, equilibrium price equals _________ quantity equals _________ and profits total _________?

A. $100, 2 million barrels per day $60 million
B. $80, 4 million barrels per day $70 million
C. $60, 6 million barrels per day, $20 million
D. $40, 8 million barrels per day, $0 million

Assume That the firms operate as purely competitive sellers (a purely competitive industry) In the long run, equilibrium price equals _________ quantity equals _________ and profits total _________? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

Which of the following organizations primarily provides long-term loans to developing countries to help them develop their infrastructure such as schools hospitals and roads ?

Economics Mcqs, Trade Policies For the Developing Nations /
Which of the following organizations primarily provides long-term loans to develog countries to help them develop their infrastructure such as schools hospitals and roads ?

A. World Bank
B. International Monetary Fund
C. Council on Foreign Relations
D. Organization of petroleum Exporting Countries

Which of the following organizations primarily provides long-term loans to developing countries to help them develop their infrastructure such as schools hospitals and roads ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

The People’s Republic of China ?

Economics Mcqs, Trade Policies For the Developing Nations /
The People’s Republic of China ?

A. is the first of the East Asian countries to be recognized for a successful outward-oriented development strategy
B. has retained to the present time its strategy of import substitution as a source of economic growth
C. has always accounted for a significant of international trade, given its very large population
D. has significantly increased its openness to international trade and foreign investment in recent decades

The People’s Republic of China ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations