Initial conditions in the year before the crisis in Thailand Indonesia Malaysia the Philippines and Korea in 1997 indicate that ?

Related Mcqs:

1. If I purchase a stereo from South Korea, I obtain the stereo and South Korea obtains the dollars But if I purchase a stereo produced in the Pakistan I obtain the stereo and the rupees remain in Pakistan, This line of reasoning is ?

   A. valid for stereos, but nor for most products imported by Pakistan
   B. valid for most products imported by Pakistan but not for stereos
   C. deceiving since Koreans eventually spend the dollars on Pakistani goods
   D. deceiving since the dollars spent on a stereo built in the Pakistan eventually wind up overseas

2. Which of the following factors potentially increased the vulnerability to the 1997 Asian financial and currency crisis ?

   A. trade account surplus
   B. massive reverse outflows of capital
   C. technological transfer from DCs
   D. Symmetric informational in financial market

3. If GNP per capita at constant prices for Ghana is US$360 and US$364 in 1996 and 1997 respectively, The real economic growth from 1996 to 1997 is ?

   A. 4%
   B. 1.11%
   C. 0.011%
   D. 11%

4. If GDP for Palau a small country near southeast of the Philippines is $130 million in 2012 and its population is 20,000 GDP per capita is ?

   A. 6500
   B. 130
   C. 0.0065
   D. 650

5. Economics in India Pakistan the Philippines and Mexico argue the foodgrain growth would not have kept up with population growth in the last four decades without ?

   I- improved packages of high-yielding seed varieties
   II- fertilizers, pesticides and irrigation
   III- improved transportation
   IV better extension service

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

6. Malaysia is the chief exporter of ?

   A. Jute
   B. Diamond
   C. Tin
   D. Rubber

7. Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________?

   A. unrealistic for IMF to intervene in the financial markets of poor countries during the crisis
   B. impractical for the IMF to loan short term as reforms can only be effective in the middle to long run
   C. crucial that the IMF intervene in the reform of fiscal policy of the country and not the monetary policy
   D. None of the statements above is correct

8. Of which item’s chief exporter is Indonesia ?

   A. Gold
   B. Silver
   C. Wheat
   D. Sugar

9. Indicate below what is NOT a main macroeconomic goal ?

   A. Increasing North Sea oil production
   B. Reducing unemployment
   C. Achieving a sustainable rate of economic growth
   D. Reducing inflation

10. For the United States empirical studies indicate that over the past two hundred years the cost of international transportation relative to the value of U.S imports has ?

    A. increased
    B. Decreased
    C. Not changed
    D. Any of the above