Asymmetric Information & Trade Policies for the Developing Nations Mcqs

1.

Among the institutions and policies that have been created to support developing countries are?

A. the world Bank

B. the international Monetary Fund

C. The Generalized System of Preferences

D. All of the above

Answer & Solution Discuss in Board

2.

To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?

A. tariff-rate quotas applied to imported goods

B. production and export controls

C. buffer stocks

D. multilateral contracts

Answer & Solution Discuss in Board

3.

To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?

A. international commodity agreements program

B. multilateral contract program

C. generalized system of preferences program

D. export-led growth program

Answer & Solution Discuss in Board

4.

To be considered a a good candidate for an export cartel, a commodity should ?

A. be a manufactured goods

B. be a primary product

C. have high price elasticity of supply

D. have a low price elasticity of demand

Answer & Solution Discuss in Board

5.

The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as ?

A. normal trade relation status

B. most favored nation status

C. offshore assembly provisions

D. Generalized System of Preferences

Answer & Solution Discuss in Board

6.

Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ?

A. mixed evidence that does not substantiate the deterioration hypothesis

B. overwhelming support for the deterioration hypothesis

C. overwhelming opposition to the deterioration hypothesis

D. None of the above

Answer & Solution Discuss in Board

7.

Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?

A. export promotion

B. import promotion

C. international commodity agreements

D. multilateral contracts

Answer & Solution Discuss in Board

Practice MCQ Questions and answers on Asymmetric Information & Trade Policies for the Developing Nations Mcqs

1. Among the institutions and policies that have been created to support developing countries are?

Answer & Solution

2. To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?

Answer & Solution

3. To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?

Answer & Solution

4. To be considered a a good candidate for an export cartel, a commodity should ?

Answer & Solution

5. The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as ?

Answer & Solution

6. Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ?

Answer & Solution

7. Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?

Answer & Solution

Read More Section(Economics Mcqs)

1.

Among the institutions and policies that have been created to support developing countries are?

2.

To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?

3.

To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?

4.

To be considered a a good candidate for an export cartel, a commodity should ?

5.

The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as ?

6.

Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ?

7.

Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?