All of the following represent obstacles to LDC development except ?

Related Mcqs:

The real income of domestic producers and consumers can be increased by ?

A. Technological progress, but not international trade B. International trade but not technological progress C. Technological Progress and international trade D. Neither technological progress nor international trade...

The theory that states that a country has a comparative advantage in the production of a product if that country is relatively well endowed with inputs used intensively in the production of that product is the?

A. Ricardo Malthus theorem B. Heckscher Ohlin theorem C. Lucas-Laffer theorem D. Friedman Samuelson theorem...

An optimal tariff is one which reduces imports to the level at which ____ equals ____?

A. imports, exports B. the balance of trade, zero C. The demand for currency the supply of currency D. social marginal cost, social marginal benefit...

Economic transition involves high inflation because _____ and ______?

A. high monetary growth high wages B. high budget deficits devaluation C. high monetary growth devaluation D. Prices surge from an artificially low level to their equilibrium level the inflation tax is required a source of government revenue...

If the Uk placed a limit on the amount of steel that could be imported into the UK in a particular period this would be an example of ?

A. a quota B. dumping C. a tariff D. an export subsidy...