A. trade deficit and an excess of investment over domestic saving
B. trade surplus and an excess of investment over domestic saving
C. trade deficits and an excess of domestic savings over investment
D. trade surpluses and an excess of domestic saving over investment
Related Mcqs:
- The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?
A. flying geese
B. import substitution
C. export orientation
D. commodity expansion - Worker-managed socialism helped contribute to ________ ‘s rapid economic growth from 1959 to 1979?
A. Yugoslavia
B. Chile
C. Vietnam
D. Japan - 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 - Which statement best explains China’s economic shift towards capitalism in the 1980s and early 1990s ?
A. China’s economic policies were directly influenced by the success of the Soviet economic System
B. The Tiananmen Square massacre resulted in Major economic reforms in China
C. The success of the Cultural Revolution resulted in the increased westernization of china
D. communist economic policies were not meeting the needs of the society - For the oil-importing countries, the increase in oil prices in 1970s and early 2000s contributed to all of the following except ?
A. balance of trade deficits
B. price inflation
C. constrained economic growth
D. improving terms of trade - Criticisms of Rostow’s stages of development include ?
A. the difficulty of testing the stages scientifically
B. conditions for takeoff are contradicted by historical evidence
C. characteristics of one stage are not unique to that stage
D. All of the above are correct - R&D and engineering first produce the product concept into a physical product during which of the following stages of the new product development process ?
A. Concept development and testing
B. Marketing strategy
C. Business analysis
D. Product development - When a company reviews sales costs and profit projections for a new product to find out whether these factors satisfy the company’s objectives they are in which of the following new process development stages ?
A. Concept development and testing
B. Commercialization
C. Business analysis
D. Marketing strategy development - Hollis Chenery and Alan Strout identity three development stages in which growth proceeds at the highest rate permitted by the most limiting factors These factors are ?
I- the skill limit
II- the savings gap
III- the fiscal gap
IV- the foreign exchange gapA. I and II only
B. II and IV only
C. I, II and III only
D. I, II and IV only - Rapid increase in the price level during periods of recession of high unemployment are known as ?
A. slump
B. inflation
C. stagflation
D. stagnation
