Which country leads in production of barley among the following ?

Related Mcqs:

1. Which country leads in production of barley among the following?

   A. China
   B. India
   C. USA
   D. Canada

2. Which country leads in production of barley among the following ?

   A. China
   B. India
   C. USA
   D. Canada

3. Which country leads in production of barley among the following ?

   A. China
   B. India
   C. USA
   D. Canada

4. Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?

   XA. wages and rents should fall in Country A
   B. wages and rents should rise in Country A
   C. wages should rise and rents should fall in Country A
   D. wages should fall and rents should raise in Country A

5. The country which leads in the production of rubber is ?

   A. Thailand
   B. Indonesia
   C. Malaysia
   D. None of these

6. Which of the following countries leads in the production of Zinc ?

   A. Russia
   B. Canada
   C. Germany
   D. USA

7. Which of the following countries leads in the production of sugar in the world ?

   A. USA
   B. India
   C. Cuba
   D. Brazil

8. Which of the following countries leads in the production of gold in the world ?

   A. Indai
   B. Bhutan
   C. South Africa
   D. China

9. The theory that states that a country has a comparative advantage in the production of a product if that country is relatively well endowed with inputs used intensively in the production of that product is the?

   A. Ricardo Malthus theorem
   B. Heckscher Ohlin theorem
   C. Lucas-Laffer theorem
   D. Friedman Samuelson theorem

10. If a country has a liner (downward sloping) production possibilities frontier, then production is said to be subjected to ?

    A. constant opportunity costs
    B. decreasing opportunity costs
    C. first increasing and then decreasing opportunity costs
    D. increasing opportunity costs