QUESTION 1

What is the leading export of South Africa?

	A.	Platinum
	B.	Electronics
	C.	Diamonds
	D.	Gold

QUESTION 2

Which of the following statements accurately describes the South African economy since the end of apartheid?

	A.	Declining per-capita incomes with decreasing income inequality
	B.	Rising per-capita incomes with increasing income inequality
	C.	Declining per-capita incomes with increasing income inequality
	D.	Rising per-capita incomes with decreasing income inequality

QUESTION 3

Which policy approach was adopted by South African to manage the transition of the post-apartheid economy?

	A.	Bourne Ultimatum
	B.	Tokyo Treatise
	C.	Washington Consensus
	D.	Warsaw Convention

QUESTION 4

Which of the following problems continues to restrict growth in the South African economy?

	A.	Unequal educational and employment opportunities
	B.	Slow or limited progress on land reforms
	C.	High levels of crimes against personal and business property
	D.	All of the above

QUESTION 5

Based on the information presented in Table 17.5,which group experienced declining income inequality from 2000to 2008?

	A.	Urban residents
	B.	Black/African people
	C.	Asian/Indian people
	D.	Rural residents

Reference: Rosser Jr, J. B., & Rosser, M. V. (2018).Comparative economics in a transforming world economy. Mit Press. (Chapter 17)