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Characteristics and Institutions of Developing Countries

Practice MCQs under Characteristics and Institutions of Developing Countries. 24 available Open paginated MCQ list →

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1.What do export primary commodity concentration ratios represent?

The proportion of commodity exports relative to the GDP per capita of the exporting country compared to that of the importing countryThe ratio of export revenue to the total populationThe value of total merchandise exports divided by the Gross National IncomeThe share of food, raw materials, minerals, and organic oils and fats in total merchandise exports

2.What does a nation's capital stock represent?

The estimated investment subtracted by the actual investmentThe amount of investment received from foreign sourcesThe total past gross investments after deducting depreciationThe difference between the country's GDP and its capital consumption

3.Who are peasants typically identified as?

rural government officialsfarmers living in the countrysiderural business ownersreligious communities in rural areas

4.How does income inequality typically change as economic development advances?

convex curveinverted U-shaped curveL-shaped curveS-shaped curvelinear curve

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