Author: Adden wafa

A. similar endowments of natural resources
B. similar levels of technology
C. similar per-capita incomes
D. similar wage levels

A. Devote excessive amounts of resources to agricultural production
B. Devote insufficient amounts of resources to agricultural production
C. Export products that are land-intensive
D. Import products that are land-intensive

A. Tastes and preferences
B. Expectations of future interest rate levels
C. Per-capita income levels
D. Labor productivities

A. How economies of scale make possible a larger variety of products in international trade
B. A transfer of wealth from domestic consumer to domestic producer as the result of trade
C. How a natural monopoly is forced to behave more competitively with international trade
D. How a natural monopoly is forced to behave less competitively with international trade

A. Economies of large-scale production
B. Relative abundance of various resources
C. Relative costs of labor
D. Research and development expenditures

A. introducing the reform package at once to ensure that it became too late and costly to reverse the reforms
B. agricultural reform rather than industrial reforms to overcome food insecurity
C. the creation of a small-scale private sector ans small independent banks
D. attempts to gradually remake institutions

I. changing part of a public enterpris’s ownership to the private sector
II. Liberalization of entry into activities previously restricted to the public sector
III. two infant industries merging into a monopoly
IV. franchising or contracting public services or leasing public assets to the Private sector

A. III only
B. IV only
C. I, II and IV only
D. None of these

A. centralized firms
B. government oligopolies
C. market economies
D. public enterprises

A. produced by the three largest firms in the industry
B. produced in cement, machine tools and steel industries
C. and labor intensities relative to labor productivity
D. as a percentage of production and marketing

A. special economic zones
B. liberalized trade monopoly zones
C. Economic Union zones
D. Communist free trade areas