Which of the following countries are not newly industrialized countries (NICs) ?

Related Mcqs:

1. Which of the following is not one of the Newly Industrialized Countries (NICs) ?

   A. Japan B. South Korea C. Taiwan D. Singapore...

2. 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...

3. 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...

4. The most industrialized country in Asia is ?

   A. Japan B. South Korea C. Taiwan D. Malaysia...

5. 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...

6. 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...

7. 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...

8. 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...

9. 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...

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...