A. debt rescheduling agreement
B. debt service agreement
C. program for growth
D. stabilization program
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Structuralist economists who study developing countries focus their attention on ?
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Which of the following is NOT one of the problems facing most developing nations ?
A. changes in industrial structure over time
B. specific barriers to development and how to overcome them
C. The impact of international trade structures on developing countries
D. the caste of class structure and discrimination in the labor market
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The policy that has been the most successful in increasing agricultural output in developing countries is ?
A. Food shortages
B. Foreign debt
C. Rapid population growth
D. Labor shortages
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One of the benefits of putting resources into agricultural projects is that ?
A. mechanization
B. land reform
C. import substitution
D. produce marketing boards
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Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?
A. Successful agricultural projects produce surplus food to support urban development
B. agricultural investment will prevent the flight of capital abroad
C. agricultural projects usually have low import requirements
D. export prices for agricultural products are more stable than those for industrial products
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Many developing countries instituted import substitution policies because ?
A. The constraints imposed by dependency on the already-developed nations
B. A steady rate of capital formation
C. An adequate level of social overhead capital
D. The supply of human resources is too high
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The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?
A. the prices of the goods they imported were falling
B. the price of goods they exported were increasing
C. their terms of trade were deteriorating
D. their terms of trade were improving
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Developing countries, if compared with other countries, have ?
A. 80%
B. 65%
C. 50%
D. 25%
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When economists talk about developing countries experiencing flight of capital they mean?
A. a lower rate of illiteracy
B. a greater degree of equality in the income distribution
C. a lower infant mortality rate
D. a smaller percentage of the labor force in urban areas
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A. money lent to the country being immediately invested abroad
B. People investing their money in urban business rather than agriculture
C. money moving around financial institutions rather than being invested in production
D. people investing money abroad rather than in their own country