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Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development /
Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

A. I and III only
B. II and III only
C. I, II and III only
D. I, II , III only IV

Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development /
Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?

A. Russia
B. Saudi Arabia
C. Iraq
D. Venezuela

Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

The government levying taxes on polluters or charging a surcharge for pesticide use are ?

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development /
The government levying taxes on polluters or charging a surcharge for pesticide use are ?

A. examples of Coase’s theorem
B. internalization of negative spillover effects
C. marginal abatement cost
D. examples of a free rider

The government levying taxes on polluters or charging a surcharge for pesticide use are ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

Air pollution from automobile exhausts, and water pollution steel plants are examples of ?

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development /
Air pollution from automobile exhausts, and water pollution steel plants are examples of ?

A. external economies
B. negative externalities
C. internal spillover
D. social distortion

Air pollution from automobile exhausts, and water pollution steel plants are examples of ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

The Genuine Progress indicator is ?

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development /
The Genuine Progress indicator is ?

A. also known as index of Sustainable Economic Welfare per capita
B. GDP plus resource depletion and environmental cost
C. resource depletion and environmental cost divided by GDP per capita
D. increasing from 1976 to 2000

The Genuine Progress indicator is ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

The Montreal Protocal, signed in 1987 and strengthened in 1990 ?

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development /
The Montreal Protocal, signed in 1987 and strengthened in 1990 ?

A. attains the global optimal level of common property resource
B. relies on internationally tradable emission permits
C. minimizes free riders of public goods
D. reduces ozone depletion through the cutting of chlorofluorocarbon production

The Montreal Protocal, signed in 1987 and strengthened in 1990 ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

Irreversibility refers to ?

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development /
Irreversibility refers to ?

A. natural resource that cannot be reproduced in the future if we fail to preserve them now
B. obtaining intellectual property rights for products
C. natural extinction of various species in DCs
D. industrialization replacing agriculture in LDCs

Irreversibility refers to ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development