Asymmetric Information & Trade Policies for the Developing Nations Mcqs

Q.  Jamil’s car is in need of repair, so John decides to sell it avoid the repair bill. Unaware of the problem, Shahab buys the car. This is an example of ?

a. hidden actions
b. adverse selection
c. moral hazard
d. adverse selection


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Assume that global recession causes the quantity of tin demanded to decrease by 4 million pounds at each price To maintain the price of tin at the target price you would ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Assume That the firms operate as purely competitive sellers (a purely competitive industry) In the long run, equilibrium price equals _________ quantity equals _________ and profits total _________?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Which of the following organizations primarily provides long-term loans to developing countries to help them develop their infrastructure such as schools hospitals and roads ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  The People’s Republic of China ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  The OPEC oil cartel ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Economic growth occurs because ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Suppose that the supply curve of tin is highly inelastic. If the demand curve of tin decrease and increase cyclically along the supply curve of tin, then in this market the size of the quantity fluctuation will bathe size of the price fluctuations ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Suppose that the world price of tin is above the target (ceiling) price that is defined by an international commodity agreement. To move the world price toward the target price, a buffer stock agreement would require its buffer stock manager to ____ tin and an export quota agreement would require that member countries _________ their export of tin?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  The Generalized System of Preferences (GSP) program allows ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Developing countries that emphasize the production of raw materials or agricultural goods may realize a long-run deterioration in the international terms of trade because of ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Tariff levels in advanced countries tend to be __________ tariff levels in developing countries?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Most of developing-country exports consist of ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Concerning tariff policy, the United States does not charge?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Among the institutions and policies that have been created to support developing countries are?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  To be considered a a good candidate for an export cartel, a commodity should ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  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 ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?
Category: Economics Mcqs,   Published by: T-Code Scripts