A. inadequate government bureaucracy
B. small size of infrastructure
C. too few innovative entrepreneurs
D. unsuitable technology
E. All of the above are correct
Related Mcqs:
- Tariff levels in advanced countries tend to be __________ tariff levels in developing countries?
A. higher than
B. equal to
C. lower than
D. there is no general pattern - A widely used indicator to differentiate developed countries from developing countries is ?
A. international trade per capita
B. real income per capital
C. unemployment per capita
D. calories per capita - Developing countries, if compared with other countries, have ?
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 - What is the ratio of population density of developing countries to the population of developed countries ?
A. 10
B. 2
C. no more than 1
D. 20 - To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?
A. international commodity agreements program
B. multilateral contract program
C. generalized system of preferences program
D. export-led growth program - 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 industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?
A. export promotion
B. import promotion
C. international commodity agreements
D. multilateral contracts - Among the institutions and policies that have been created to support developing countries are?
A. the world Bank
B. the international Monetary Fund
C. The Generalized System of Preferences
D. All of the above - All of the following are trade problems of developing countries except?
A. unstable export markets
B. improving terms of trade
C. limited access to the markets of industrial countries
D. highly elastic demand curves for their products - Poor developing countries typically impose __________ tariffs than rich advanced nations on imports?
A. lower
B. higher
C. about the same height
D. None of the above
