Question 1

MULTIPLE-CHOICE QUESTIONS

Each of the following sub-questions contains one statement but with multiple possible answers. Only one of the answers is correct. Read each statement very carefully and then decide which one of the options is the correct one. In your answer book, write down only the sub-question number and next to it the letter that represents the answer you have selected. Example: If you believe that for sub-question 1.6 option C is correct, then write down 1.6 C. 1.1 A newly industrialised country is A. the same as a high-income country. B. a special classification given to some upper-middle-income countries that have achieved relatively advanced manufacturing sectors. C. any country that has experienced sustained growth in industry. D. any country that has moved out of lower-income status. 1.2 Which of the following is not a policy proposal of the neoclassical counter- revolution school? A. Promoting free trade B. Promoting trade unions C. Privatising state-owned enterprises D. Welcoming multinational corporations 1.3 In stage Ill of the demographic transition, A. the birth rate and the death rate are relatively low. B. the birth rate and the death rate are relatively high. C. the birth rate is relatively high and the death rate is relatively low D. the birth rate is relatively low and the death rate is relatively high. 1.4 Sustainable development means A. emphasising the role of the market. B. emphasising the role of government. C. meeting the present generation's needs without compromising the needs of future generations. D. maintaining output growth at a constant rate. 1.5 Among the benefits of the privatisation of state-owned enterprises is A. increased employment. B. reduced pollution. C. an increase in GDP. D. improved efficiency.