Which of the following countries is known as sugar bowl ?

Related Mcqs:

1. Which of the following countries is known as sugar bowl ?

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

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

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

3. 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

4. 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

5. 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

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

   A. Taiwan
   B. North Korea
   C. Singapore
   D. Hong kong

7. If a group of countries abolish trade barriers between them and set same tariffs on goods coming in from other countries they are a ?

   A. common market
   B. free trade area
   C. customs union
   D. federation

8. In 1990, during the Persian Gulf War, the U.S government extended generous terms to two middle-income countries by canceling or reducing their debt The two countries were ?

   A. Iraq and Iran
   B. Egypt and Poland
   C. Pakistan and Afghanistan
   D. Saudi Arabia and Jordan

9. Developing countries, if compared with other countries, have ?

   A. a lower rate of illiteracy
   B. a greater degree of equality in the income distribution
   C. a lower infant mortality rate
   D. a smaller percentage of the labor force in urban areas

10. What is the ratio of population density of developing countries to the population of developed countries ?

    A. 10
    B. 2
    C. no more than 1
    D. 20