The term Fourth World has been coined to describe ?

Related Mcqs:

1. The term Fourth World has been coined to describe ?

   A. the newly industrialized countries like Korea, Taiwan Malaysia
   B. The republics of the former Soviet Union
   C. Countries that still have a communist government like China and Cuba
   D. countries that have fallen far behind the economic advances of the rest of the world

2. Most of the Third World/Fourth World debt was incurred in ?

   A. The colonial period
   B. The early 1950s
   C. most debt was incurred during the oil shocks of the 1970s
   D. the early 1960s

3. Mention the name for that urban and rural region which is closely associated economically with an adjoining town or city. Term is also used to describe the area that is serviced by a port or coastal settlement ?

   A. Hinterland
   B. Country land
   C. Dependent land
   D. Parasite land

4. In Pakistan the term the poverty trap is used to describe the fact that ?

   A. poor people are excluded from most leisure and social activities
   B. the Pakistan benefit system makes being poor vary degrading
   C. if poor people earn more their benefits fall, making them no better off.
   D. in the Pakistan poor people are heavily taxed

5. Who among the following has first to coined the term “Helicopter Money”?

   A. Milton-Friedman
   B. Osborne-Smith
   C. Zelvey
   D. Mickel-Jorden

   Submitted by: Asad Ullah Afridi

6. “Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

   A. A bond with a longer time to maturity
   B. A certificate of deposit whose principal is payable at maturity
   C. A certificate of deposit with a shorter time to maturity
   D. certificate of deposit with a longer time to maturity

7. The term liquidate refers to pay off a debt, a claim or an obligation or to settle the affairs by determining liabilities and applying assets to their discharge. What is also converted by the term?

   A. To convert assets into cash
   B. Abolish
   C. Both of them
   D. All of them

8. 85% of the world’s population lives in developing countries and receives about _____ of the world’s income?

   A. 40%
   B. 10%
   C. 20%
   D. 30%

9. The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?

   A. 80%
   B. 65%
   C. 50%
   D. 25%

10. 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