A. Subsistence crops
B. Cash crops
C. Bumper crops
D. Rotation crops
Related Mcqs:
- Transformation of Britain from a mainly agricultural society to a mainly industrial society took place i the period from 1760 to 1840. What is called this transformation?
A. Enlightenment
B. Industrial Revolution
C. Renaissance
D. Imperialism - In the world system, the regions that mostly manufacture goods are referred to as the:
A. periphery
B. core
C. semi-periphery
D. lumpenproletariat - __________ involves tangible goods such cannot be traded and moved freely like paper investments.
A. Portfolio investment
B. Fiduciary investment
C. Foreign direct investment
D. Currency investment - Why are governments, even when acting together, at a disadvantage when intervening in international currency markets?
A. They can’t use state funds to buy or sell currencies
B. All of their movements are tightly regulated by the IMF
C. Developing countries oppose the manipulation of markets by developed countries
D. The control only a small fraction of the money moving on such markets - International conflicts that concern tangible “goods” have special importance when they have to do with:
A. religious conflicts
B. control of national governments
C. territory
D. trade conflicts - Define public ‘goods’ and public ‘bads’.
A. Public goods are those in which unrestrained market competition is not effective (i.e. hospitals). Public bads are the result unrestrained market competition (i.e. pollution)
B. Public goods are those goods that are free for the public. Public bads are those that are extremely expensive
C. Public goods are positive intangible sentiments widespread in the public (i.e. happiness, pride, nationalism). Public bads are negative attributes that are widespread in the public (i.e. violence, crime)
D. All of the above - Under the SAFTA, member countries will reduce customs duties of all traded goods to zero by the year:
A. 2016
B. 2020
C. 2018
D. 2014 - Which of these is NOT associated with the “collective goods problem” in IR?
A. tragedy of the commons
B. collective action
C. free riding
D. hegemony - A tax imposed on certain types of imported goods is:
A. a tariff
B. a surcharge
C. a subsidy
D. a severance tax - What economic principle refers to the way that states differ in their abilities to produce certain goods because of differences in natural resources, labor force characteristics, technology, and other such factors?
A. consumer economics
B. Freedman economics
C. Keynesian economics
D. comparative advantage
