A. During the 1980s OECD countries contributed four fifths of the world’s bilateral official development assistance to LDCs
B. In the early 1990s the OECD contributed 98 percent of all aid
C. The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
D. In 2001, only Denmark Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs
Related Mcqs:
- OECD stands for ?
A. Organization for Economic Cooperation and Development and Development
B. Oil Exporting Countries Development
C. Organization for Environmental cooperative Department
D. Open Economies Caucus on Development - Statement A: The might of a country consists of gaining surpluses of gold and silver Statement B: A nation’s strength is found in economic independence and the maintenance of a favorable balance of trade Statement C: We need to gain colonies both as sources for raw materials and as markets for our manufactured of goods Which economic system is being described by these statements ?
A. traditional
B. feudal
C. command
D. mercantile - Aid or official development assistance (ODA) includes ?
I- developments grants
II- loans with at least 25 percent grant element
III- military assistance
IV- technical cooperationA. I and II only
B. I, II and III only
C. I, II and IV only
D. I, II, III and IV only - Bilateral aid ?
A. is technical aid given by IMF
B. is given directly by one country to another
C. is aid with repayment in inconvertible currency
D. is a loan at bankers’ standards - The U.S real food aid, as well as food reserves dropped from the 1960s to the 1980s partly because ?
A. the transportation and storage cost increased tremendously
B. proponents of basic-needs attainment opposed food-aid
C. U.S farm interests wanted to reduce surplus grain stocks
D. agricultural production suffered excessively due to weather changes - Which of the following statement is not true about LDCs ?
A. Most LDCs have less than 1/10 the per capita GNP of the U.S
B. A greater share of GNP would have to be devoted to education to attain the same primary enrollment rates as in the U.S
C. Setting up western labor standard and minimum wages in labor-abundant LDCs is sensible
D. Most LDCs have a greater shortage of qualified teachers than the U.S does - Which of the following statement is Not true ?
A. The ratio of debt service to GNP is very good indicator of the debt burden
B. Many large LDC debtors borrowed heavily because of their excellent international credit ratings
C. Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs
D. The debt-burden of sub Saharan African countries may be as heavy as for middle income countries - Which of the following statement about rural and agricultural development is true ?
A. Rural development is the same as agricultural development
B. The agrarian community requires a full range of services such as schools merchants banks and so on
C. Household nonfarm income is uncorrelated to farm productivity and uncorrelated to farm productivity and household incomes in Kenya
D. China’s rural population receives little income from nonfarm income - Which of the following statement is true about low-income countries ?
A. less than 10% of the labor force is in agriculture
B. the average agriculture family produces surplus large enough only to supply small non-agriculture population
C. One-third of the labor force produce food
D. share of labor force is about 30% - Which of the following statement regarding the loanable funds market is true ?
A. A decrease in the government budget deficit increase the real interest rate
B. An increase in the government budget deficit shifts the supply of loanable funds to the right
C. An increase in private saving shifts the supply of loanable funds to the left
D. An increase in the government budget deficit shifts the supply of loanable funds to the left
