When economists say that developing countries have a dualistic economy the 2 parts referred to are ?

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 factors has been suggest as an explanation for the lack of economic growth in many poor nations ?

A. The constraints imposed by dependency on the already-developed nations B. A steady rate of capital formation C. An adequate level of social overhead capital D. The supply of human resources is too high...

One of the benefits of putting resources into agricultural projects is that ?

A. Successful agricultural projects produce surplus food to support urban development B. agricultural investment will prevent the flight of capital abroad C. agricultural projects usually have low import requirements D. export prices for agricultural products are more stable than those for industrial products...