Which of the following export controls is where you have restrictions on the volume or value of exports to an importing country? Question 1 options:
Which of the following export controls is where you have restrictions on the volume or value of exports to an importing country?
Question 1 options:
a)
export-restraint agreement
b)
licensing standards
c)
quota
d)
certificate of origin standards
e)
tariff
The region of Burgundy in France has stated successfully that no wine can be called Burgundy that is not actually from Burgundy, and if another nation were to restrict origin to that, it would be which type of control?
Question 2 options:
a)
licensing standards
b)
export-restraint agreement
c)
quota
d)
tariff
e)
certificate of origin standards
A fee levied on an imported good which is designed to make similar domestic produced goods more competitive or protected from cheaper imports is a?
Question 3 options:
a)
tariff
b)
licensing standards
c)
quota
d)
export-restraint agreement
Of the following, which is often defined as a passive state?
Question 4 options:
a)
undeveloped
b)
underdeveloped
c)
emerging
d)
developed
As a measure of development, if a nation was heavy in the primary sector what would that say about it's level of development?
Question 5 options:
a)
Until there is a balance between the sectors, it is not yet developed
b)
It is a balanced, sustainable economy.
c)
It is a developed nation.
d)
It is likely not yet developed
Which of the following are drawbacks to using GDP per capita as a measure of development?
Question 6 options:
a)
It doesn't take alternate economics like barter into account.
b)
It is vulnerable to exchange rate changes between nations.
c)
all the above are the case
d)
It is also vulnerable to changes in cost of living.
Which of the following is NOT a part of the Human Development Index combination?
Question 7 options:
a)
Indices of Schooling and Literacy
b)
Levels of Urbanization
c)
GDP per capita
d)
Life expectancy at birth
Which of the following development problems is characterized as workers who are employed but are not able to work as many hours as they would like?
Question 8 options:
a)
underemployment
b)
Low GDP per capita
c)
unemployment
d)
low labor productivity
Which of the following development theories holds that in order for nations to be developed they must have some nations which they make to be undeveloped, and the latter would remain as a permanently disadvantaged?
Question 9 options:
a)
Dependancy theory
b)
Modernization theory
c)
World-systems theory
Which of the development theories effectively says that there is no difference between foreign and domestic economics?
Question 10 options:
a)
Dependancy theory
b)
Modernization theory
c)
World-systems theory
The stage of development (according to Rostow) at which a nation shifts from production of heavy industry to consumer goods and advanced services is.....?
Question 11 options:
a)
Pre Take-off
b)
The Age of Mass consumption
c)
traditional society
d)
Drive to maturity
e)
Take-off
The stage in Rostow's model where rapid growth is generated by a few economic activities while the other sectors remain dominated by traditional practices is..........?
Question 12 options:
a)
Drive to maturity
b)
The Age of Mass consumption
c)
Take-off
d)
Pre Take-off
e)
traditional society
A nation with a high percentage of people engaged in agriculture and that is not as active economically, would be in which stage according to Rostow?
Question 13 options:
a)
The Age of Mass consumption
b)
Take-off
c)
Pre Take-off
d)
traditional society
e)
Drive to maturity
Please answer the following questions by choosing the right answer
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