A. Latin America
B. Asia
C. Africa
D. Australia
Related Mcqs:
- If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?
A. 160; 270
B. 10; 30
C. 10; 3.33
D. 30; 10 - One-third of the forest area is productive, and the remaining two-third is maintained for ?
A. Timber
B. Environmental protection
C. Wild life
D. sanctuaries - 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 - A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?
A. New classical economists.
B. Left wing theorists
C. interventionist policies.
D. monetarists. - A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?
A. market-orientated economists
B. left-wing theorists
C. Keynesian.
D. new-Keynesian - A way of helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?
A. New classical economists
B. left-wing theorists
C. interventionist policies
D. monetarists - A way of helping depressed regions by having lower wages, lower local taxes and lower unemployment benefit has been suggested as ?
A. market orientated economists
B. left-wing theorists
C. Keynesian
D. New-Keynesian - Some economists and third-world policy makers criticize MNCs arguing that they have a negative effect on the developing country because they ?
I- increasing the LDC’s technological dependence on foreign sources resulting in less technological innovation by local workers
II- Hamper local entrepreneurship and investment in infant industries
III- increase unemployment rates from unsuitable technology
IV- Restrict subsidiary exports when they undercut the market of the parent companyA. I and II only
B. III and IV only
C. I, II and III only
D. I, II, III and IV - What was the third sheep producing country ?
A. England
B. Australia
C. China
D. India - Which country produced the third most rubber ?
A. India
B. Indonesia
C. Thailand
D. Malaysia