A country’s fundamental system of transportation, communications, and other aspects of its physical capabilities are called ?

Related Mcqs:

1. _______ is the concept under which a company carefully integrates and coordinates its may communications channels to deliver a clear consistent and compelling message about the organization and its products?

   A. The promotion mix
   B. Integrated international affairs
   C. Integrated marketing communications
   D. Integrated demand characteristics

2. Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?

   XA. wages and rents should fall in Country A
   B. wages and rents should rise in Country A
   C. wages should rise and rents should fall in Country A
   D. wages should fall and rents should raise in Country A

3. __________ has the advantage of being high in selectivity low cost; immediacy; and interactive capabilities?

   A. Direct Mail
   B. Outdoor
   C. Online
   D. Radio

4. In the 1980s economists studying the source of growth observed no positive relationship between information and communications technology (ICT) investments and productivity This is known as ?

   A. Solow residual
   B. productivity paradox
   C. technological followership
   D. Stieglitz discrepancies

5. Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?

   A. natural resources
   B. body of knowledge
   C. land
   D. quantity of labor

6. What is called the overall study of aspects and working of a national economy ?

   A. Macroeconomics
   B. Gross economics
   C. Mega economics
   D. Micro economics

7. Should international transportation costs decrease the effect on international trade would include a (an) ?

   A. increase in the volume of trade
   B. Smaller gain from trade
   C. Decline in the income of home producers
   D. Decrease in the level of specialization in production

8. By reducing the volume of trade transportation costs tend to ?

   A. stop the process of product price equalization and factor price equalization before they are complete:
   B. ensure that the process of product price equalization and factor price equalization are complete
   C. eliminate all of the feasible gains from international trade
   D. maximize all of the feasible gains from international trade

9. For the United States empirical studies indicate that over the past two hundred years the cost of international transportation relative to the value of U.S imports has ?

   A. increased
   B. Decreased
   C. Not changed
   D. Any of the above

10. In the long run, expanding educational and training facilities, transportation and communication and other infrastructure in LDCs should increase ?

    A. productivity paradox
    B. absorptive capacity
    C. the residual
    D. uncertainly