Which of the following country was not a major LDC debtor in 2001 ?

Related Mcqs:

1. Which of the following is not a major factor raising LDC agricultural labor productivity ?

   A. new biological chemical mechanical inputs in production
   B. new technical and organizational knowledge from greater specialization
   C. expanded markets for agricultural output
   D. massive government intervention

2. A country that is a net international debtor initially experiences a (an) ?

   A. larger savings pool available to finance domestic spending
   B. higher interest rate which leads to lower domestic investment
   C. loss of funds to trading partners overseas
   D. decrease in its services exports to other countries

3. 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

4. All of the following represent obstacles to LDC development except ?

   A. resource scarcity
   B. low levels of investment
   C. low population
   D. poor infrastructure
   E. poor human capital

5. How is termed the legal proceeding in which debtor remains unable to pay his creditors in full ?

   A. Bankruptcy
   B. Default
   C. Total loss
   D. Crash

6. What is called the situation in which a debtor remains unable to pay his creditors in full ?

   A. Bankruptcy
   B. Default
   C. Total loss
   D. Crash

7. In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

   A. 0
   B. 2
   C. 6
   D. 0.5

8. Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?

   A. dirigiste
   B. Keynesian
   C. Commanding heights
   D. soft budget

9. The formula to calculate economic growth from 2001 to 2002 is given by ?

   A. [(GDP2002 + GDP2001)/GDP2001]100
   B. [(GDP2002 – GDP2001) GDP2001]100
   C. [(GDP2002 – GDP2001)/GDP2001]100
   D. [(GDP2001 – GDP2002]100

10. What was the total inflow of irrigation water in 2001-2 ?

    A. 91 MAF
    B. 86.9 MAF
    C. 100.9 MAF
    D. 76.9 MAF