Export-led growth strategies tend to emphasize ?

Related Mcqs:

1. Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

   A. I and III only
   B. II and III only
   C. I, II and III only
   D. I, II , III only IV

2. In the Px = export price index, Pm = import price index, Qx = export quantity index,and Qm = import quantity index. Developing countries tend to maintain that their commodity term of trade have declined over the long run suggesting that _________ has declined?

   A. Px/Pm
   B. Pm/Px
   C. (Pm/Px)Qm
   D. (Px/Pm)Qx

3. Suppose that the world price of tin is above the target (ceiling) price that is defined by an international commodity agreement. To move the world price toward the target price, a buffer stock agreement would require its buffer stock manager to ____ tin and an export quota agreement would require that member countries _________ their export of tin?

   A. purchase; decrease
   B. purchase; increase
   C. sell; increase
   D. sell; decrease

4. The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

   A. Trade deficit
   B. Blind river disease
   C. Dutch disease
   D. Economic turmoil

5. Which of the following strategies have developing countries not used to deal with the problem of unstable export markets ?

   A. multilateral contracts
   B. production and export controls
   C. buffer stock arrangements
   D. tariff-rates quotas

6. If a company (considering its options on the product/market expansion grid) chooses to move into different unrelated fields (from what it ha ever done before) with new products as a means to stimulate growth the company would be following which of the following general strategies ?

   A. market penetrations
   B. market development
   C. product development
   D. diversification

7. The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?

   A. capital-widening technical innovation
   B. capital-widening Catch-up in technology
   C. capital-deepening technical innovation
   D. capital-deepening, catch-up in technology

8. Developing countries that emphasize the production of raw materials or agricultural goods may realize a long-run deterioration in the international terms of trade because of ?

   A. relatively low import tariffs maintained by advanced countries
   B. highly elastic demand for these products in advanced countries
   C. declines in the supplies of these products on world markets
   D. sluggish demand for these products in advanced countries

9. Given recent information about growth trends and growth potential of ethnic populations within the U.S market which of the following ethnic groups would be a best bet to double during the next half century and become one of the U.S market’s most viable segments ?

   A. Hispanics and Asians
   B. African Americans
   C. Western Europeans
   D. Middle Eastern

10. The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

    A. endogenous
    B. exogenous
    C. beta
    D. convergence