Economic Problems of Developing Countries Mcqs

1.

An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earnings and lower imports is a ?

A. debt rescheduling agreement

B. debt service agreement

C. program for growth

D. stabilization program

Answer & Solution Discuss in Board

2.

Structuralist economists who study developing countries focus their attention on ?

A. changes in industrial structure over time

B. specific barriers to development and how to overcome them

C. The impact of international trade structures on developing countries

D. the caste of class structure and discrimination in the labor market

Answer & Solution Discuss in Board

3.

Which of the following is NOT one of the problems facing most developing nations ?

A. Food shortages

B. Foreign debt

C. Rapid population growth

D. Labor shortages

Answer & Solution Discuss in Board

4.

The policy that has been the most successful in increasing agricultural output in developing countries is ?

A. mechanization

B. land reform

C. import substitution

D. produce marketing boards

Answer & Solution Discuss in Board

5.

One of the benefits of putting resources into agricultural projects is that ?

A. Successful agricultural projects produce surplus food to support urban development

B. agricultural investment will prevent the flight of capital abroad

C. agricultural projects usually have low import requirements

D. export prices for agricultural products are more stable than those for industrial products

Answer & Solution Discuss in Board

6.

Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?

A. The constraints imposed by dependency on the already-developed nations

B. A steady rate of capital formation

C. An adequate level of social overhead capital

D. The supply of human resources is too high

Answer & Solution Discuss in Board

7.

Many developing countries instituted import substitution policies because ?

A. the prices of the goods they imported were falling

B. the price of goods they exported were increasing

C. their terms of trade were deteriorating

D. their terms of trade were improving

Answer & Solution Discuss in Board

8.

The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?

A. 80%

B. 65%

C. 50%

D. 25%

Answer & Solution Discuss in Board

9.

Developing countries, if compared with other countries, have ?

A. a lower rate of illiteracy

B. a greater degree of equality in the income distribution

C. a lower infant mortality rate

D. a smaller percentage of the labor force in urban areas

Answer & Solution Discuss in Board

10.

When economists talk about developing countries experiencing flight of capital they mean?

A. money lent to the country being immediately invested abroad

B. People investing their money in urban business rather than agriculture

C. money moving around financial institutions rather than being invested in production

D. people investing money abroad rather than in their own country

Answer & Solution Discuss in Board

Practice MCQ Questions and answers on Economic Problems of Developing Countries Mcqs

1. An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earnings and lower imports is a ?

Answer & Solution

2. Structuralist economists who study developing countries focus their attention on ?

Answer & Solution

3. Which of the following is NOT one of the problems facing most developing nations ?

Answer & Solution

4. The policy that has been the most successful in increasing agricultural output in developing countries is ?

Answer & Solution

5. One of the benefits of putting resources into agricultural projects is that ?

Answer & Solution

6. Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?

Answer & Solution

7. Many developing countries instituted import substitution policies because ?

Answer & Solution

8. The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?

Answer & Solution

9. Developing countries, if compared with other countries, have ?

Answer & Solution

10. When economists talk about developing countries experiencing flight of capital they mean?

Answer & Solution

Read More Section(Economics Mcqs)

1.

An agreement between a borrower country and the International Monetary Fund in which the country agrees to revamp its economic policies to provide incentives for higher export earnings and lower imports is a ?

2.

Structuralist economists who study developing countries focus their attention on ?

3.

Which of the following is NOT one of the problems facing most developing nations ?

4.

The policy that has been the most successful in increasing agricultural output in developing countries is ?

5.

One of the benefits of putting resources into agricultural projects is that ?

6.

Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?

7.

Many developing countries instituted import substitution policies because ?

8.

The developed nations have only about 15% of the world’s population, but they are estimated to consume _______ of the world’s output ?

9.

Developing countries, if compared with other countries, have ?

10.

When economists talk about developing countries experiencing flight of capital they mean?