Wheat being a plant of temperate zone grows well on plains away from sea and having moderately dry climate. World’s maximum production of wheat is obtained from ?

Related Mcqs:

1. Wheat being a plant of temperate zone grows well on plains away from sea and having moderately dry climate World’s maximum production of wheat is obtained from ?

   A. Australia
   B. China
   C. Canada
   D. Russia

2. Suppose both buyers and sellers of wheat expect the price of wheat to rise in the near future. What would we expect to happen to the equilibrium price and quantity in the market for wheat today ?

   A. The impact on both price and quantity is ambiguous
   B. Price will decrease, quantity is ambiguous.
   C. price will increase, quantity will decrease
   D. price will increase, quantity is ambiguous.
   E. Price will increase, quantity will increase

3. Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production?

   A. Indonesia
   B. India
   C. Brazil
   D. None of these

4. Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production ?

   A. Indonesia
   B. India
   C. Brazil
   D. None of these

5. If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ?

   A. one country will always have 2 percent more real GDP/person than the other
   B. the standard of living in the country growing at 4 percent will start to accelerate away from the slower growing country due to compound growth
   C. the standard of living in the two countries will converge
   D. Next year the country growing at 4 percent will have twice the GDP/person as the country growing at 2 percent

6. The production of wheat in 2001-2 dropped by 2.9 percent. What was the size of wheat crop this year ?

   A. 18475 thousand tones
   B. 13475 thousand tones
   C. 19475 thousand tones
   D. 16475 thousand tones

7. If Toyota describes one of its cars of the future as being a moderately priced subcompact designed as a second family car to be used arround town; the car is ideal for running errands and visiting friends, then the company has just stated a potential new product in terms of a(n) ?

   A. Product idea
   B. Product image
   C. Product concept
   D. Product features

8. Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?

   A. USA
   B. Argentina
   C. China
   D. Cuba

9. Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?

   A. USA
   B. Argentina
   C. China
   D. Cuba

10. When free trade areas are set up the member countries trade with each other grows faster than their trade with other countries This is due to what economist call ?

    A. trade diversion
    B. trade channeling
    C. trade creation and trade diversion
    D. trade creation