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Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ?

Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ?

A. markets distortions
B. defective economic policies
C. inadequate property
D. the expansion of capitalism

Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

A. Trade deficit
B. Blind river disease
C. Dutch disease
D. Economic turmoil

The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices?

The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices?

A. monopoly
B. entropy
C. industry
D. cartel

The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?

Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?

A. the tragedy of commons
B. sustainable development
C. net primary productivity (NPP)
D. the impossibility theorem

Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ? Read More »

Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development

Which company in the United States would likely be most concerned about Brazil’s dumping of steel in the U.S market ?

Which company in the United States would likely be most concerned about Brazil’s dumg of steel in the U.S market ?

A. General Motors, the manufacturer of automobiles
B. Tennessee Mining Co. an iron-ore mining company
C. Caterpillar Corp the producer of earth moving equipment
D. Sneva Construction Co. The builder of skyscrapers

Which company in the United States would likely be most concerned about Brazil’s dumping of steel in the U.S market ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

A _______ allows a specified number of goods to be imported each year, and it not specifies from where the product is shipped and who is permitted to import ?

A _______ allows a specified number of goods to be imported each year, and it not specifies from where the product is shipped and who is permitted to import ?

A. import quota
B. export quota
C. selective quota
D. global quota

A _______ allows a specified number of goods to be imported each year, and it not specifies from where the product is shipped and who is permitted to import ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

According to the cost-based definition of dumping, dumping occurs when a firm sells a product abroad at a price that is less than ?

According to the cost-based definition of dumg, dumg occurs when a firm sells a product abroad at a price that is less than ?

A. average total cost
B. average variable cost
C. average fixed cost
D. marginal cost

According to the cost-based definition of dumping, dumping occurs when a firm sells a product abroad at a price that is less than ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers