A. Indonesia
B. India
C. Brazil
D. None of these
Related Mcqs:
- 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 - You are planning to run a hot dog stand during a forthcoming fair. You originally estimated that you will generated sales revenue of Rs 2000 and you have already spent Rs 1000 building the hot dog stand. The hot dog stand is nearly completed but now you estimate total sales to be only Rs 800 because the fair clashes with a major music festival in a nearby location. You can complete the hot dog stand for another Rs 300 Your decision rule should be to complete the hot dog stand as long as the cost to complete the stand is less than ?
A. Rs 300
B. Rs 1000
C. Rs 500
D. Rs 800 - If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ?
A. one country will always have 2 percent more real GDP/person than the other
B. the standard of living in the country growing at 4 percent will start to accelerate away from the slower growing country due to compound growth
C. the standard of living in the two countries will converge
D. Next year the country growing at 4 percent will have twice the GDP/person as the country growing at 2 percent - Wheat being a plant of temperate zone grows well on plains away from sea and having moderately dry climate. World’s maximum production of wheat is obtained from ?
A. Australia
B. China
C. Canada
D. Russia - Wheat being a plant of temperate zone grows well on plains away from sea and having moderately dry climate World’s maximum production of wheat is obtained from ?
A. Australia
B. China
C. Canada
D. Russia - If the demand for coffee decreases as income decreases, coffee is ?
A. an inferior good
B. a normal good
C. a complementary good
D. a substitute good - 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 - When free trade areas are set up the member countries trade with each other grows faster than their trade with other countries This is due to what economist call ?
A. trade diversion
B. trade channeling
C. trade creation and trade diversion
D. trade creation - Which of the following countries is the leading producer of rice ?
A. Australia
B. Argentina
C. China
D. Cuba - Which of the following countries is the leading producer of rice in the world ?
A. Australia
B. Argentina
C. China
D. Cuba