Which country is the biggest producer of wool in the world ?

Related Mcqs:

1. An export quota agreement to stabilize the price of bauxite tends to be more successful when the member producer countries as a percentage of the world’s producer countries is __________ and the _________ it is for the member producer countries to store/stock pile bauxite?

   A. relatively small; more difficult
   B. relatively small; easier
   C. relatively large; more difficult
   D. relatively large; easier

2. Which country is the biggest producer of mercury in the world ?

   A. Mexico
   B. Canada
   C. Italy
   D. Germany

3. The biggest producer of Uranium in the world is ?

   A. France
   B. Canada
   C. USA
   D. Zaire

4. 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

5. In the economy when a steel producer sells steel to car producer it is regarded as ?

   A. a final good
   B. an intermediate good
   C. an injection
   D. a leakage

6. Which country is the largest oil producer in the world ?

   A. Kuwait
   B. USA
   C. Russia
   D. Saudi Arabia

7. Name the country which is the largest producer of Dry Milk in the World is?

   A. Netherlands
   B. Norway
   C. Switzerland
   D. Peru

8. Pakistan is the _____largest Producer country in the world?

   A. Fifth
   B. Fourth
   C. Seventh
   D. Sixth

9. Pakistan is the _____largest Wheat Producer country in the world ?

   A. Fifth
   B. Seventh
   C. Sixth
   D. Eight

10. Pakistan is the ________ largest Apricot Producer country in the world ?

    A. Fifth
    B. Fourth
    C. Sixth
    D. Eight