A. Brazil
B. India
C. Thailand
D. None of these
Related Mcqs:
- Which country is the chief exporter of jute ?
A. Bangladesh
B. India
C. Both of them
D. None of them - 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 - 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 - Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production?
A. Indonesia
B. India
C. Brazil
D. None of these - Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production ?
A. Indonesia
B. India
C. Brazil
D. None of these - If a country has a bowed out (concave to the origin) production possibility frontier then production is said to be subject to ?
A. constant opportunity costs
B. decreasing opportunity costs
C. first increasing and then decreasing opportunity costs
D. increasing opportunity costs - If a country has a liner (downward sloping) production possibilities frontier, then production is said to be subjected to ?
A. constant opportunity costs
B. decreasing opportunity costs
C. first increasing and then decreasing opportunity costs
D. increasing opportunity costs - The leading producer of sulphur in the world is ?
A. Canada
B. USA
C. Spain
D. Italy - Cocoa is a tropical plant and requires heat and moisture. Which of the following countries is leading in cocoa productions in the World ?
A. Brazil
B. Nigeria
C. Ghana
D. Ivory Coast - Which of the following countries is the leading producer of rice in the world ?
A. Australia
B. Argentina
C. China
D. Cuba
