Experiences over the last three decades has suggested that in order for economic development to occur, it is necessary for an economy to ?

Related Mcqs:

The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?

A. 80% B. 65% C. 50% D. 25%...

The term Fourth World has been coined to describe ?

A. the newly industrialized countries like Korea, Taiwan Malaysia B. The republics of the former Soviet Union C. Countries that still have a communist government like China and Cuba D. countries that have fallen far behind the economic advances of the rest of the world...

Many developing countries instituted import substitution policies because ?

A. the prices of the goods they imported were falling B. the price of goods they exported were increasing C. their terms of trade were deteriorating D. their terms of trade were improving...

Which of the following is NOT one of the problems facing most developing nations ?

A. Food shortages B. Foreign debt C. Rapid population growth D. Labor shortages...

Structuralist economists who study developing countries focus their attention on ?

A. changes in industrial structure over time B. specific barriers to development and how to overcome them C. The impact of international trade structures on developing countries D. the caste of class structure and discrimination in the labor market...