A. Taiwan
B. North Korea
C. Singapore
D. Hong kong
Related Mcqs:
- Which of the following is not one of the Newly Industrialized Countries (NICs) ?
A. Japan
B. South Korea
C. Taiwan
D. Singapore - Asian tigers or newly industrializing countries (NICs) of East and Southeast Asia include the following except ?
A. South Korea
B. China
C. Taiwan
D. Singapore - The exchange rate system that best characterizes the present international monetary arrangement used by industrialized countries is ?
A. freely fluctuating exchange rates
B. adjustable pegged exchange rates
C. managed floating exchange rates
D. pegged or fixed exchange rates - The most industrialized country in Asia is ?
A. Japan
B. South Korea
C. Taiwan
D. Malaysia - 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 - The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?
A. flying geese
B. import substitution
C. export orientation
D. commodity expansion - If two countries A and B are member of a currency union and there is a shift in consumer preferences away from the goods of country A and towards those of country B than which one of the following would help to offset the effect of the resulting changes in aggregate demand in A and B on inflation and unemployment in the tow countries ?
A. A high degree of labour mobility between the tow countries
B. An increase in government spending in country (A)
C. A depreciation in the foreign exchange value of the common currency
D. A low degree of capital mobility between the two countries - If your grandparents buy a newly built retirement home, this transaction would affect ?
A. investment
B. net exports
C. government purchases
D. consumption
E. none of these answers - International joint ventures can lead to welfare losses when the newly established firm ?
A. adds to the pre-existing productive capacity
B. enters markets neither parent could have entered individually
C. yields cost reductions unavailable to parent firms
D. gives rise to increased amounts of market power - 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
